Digital Money is rapidly changing the way people pay. Our 'Start Anywhere Go Everywhere' knowledge base continually tracks this complex ecosystem. New to S.A.G.E?
Click on the elements of the map below to explore the Digital Money ecosystem using the S.A.G.E technology
The digital money ecosystem is a vast and complex web of rich and intricately related information. The global digital money ecosystem is complex and rapidly evolving. The Start Anywhere, Go Everywhere (S.A.G.E) technology enables the harvesting, updating, linking and exploration of information in this dynamic and exploding ecosystem.
Powered by our proprietary Start Anywhere, Go Everywhere technology, we continually monitor and analyse digital money markets, initiatives, players and partnerships across multiple payment services, located in over 200 countries and territories, from multiple perspectives and on a variety of parameters.
Profiles: 7,946 News Items | 3,713 Players | 2,222 Initiatives | 283 Markets | 105 Products | 108 TopicsUsing S.A.G.E, this portal provides pages consisting of:
- Catalogs of information elements (usually in the form of tables). Click on the links to reach the information elements themselves. These can be accessed through the S.A.G.E item on menu bar
- Information elements themselves, the content of which is shown in accordion panels and tabs. These can be accessed through the catalogs or through links appearing on related information elements.
Of special interest is the Network tab available on most such pages, that displays the immediate context of the information element you are exploring. Clicking on elements in the network leads you to the appropriate page. This is a good way to explore the ecosystem - Analytic information in the form of charts and lists. This can be accessed through the Dashboard item on the menu bar
- Digital Money Initiatives classified in different ways. This can be accessed through the Initiatives item on the menu bar
- News which can be accessed through the Research menu item. News items have associated Tags that link the related information elements. This is often a good way of understanding the context of that news
Note: Content may be restricted depending upon your level of subscription
You can also use the Search box at the top of the page or in individual tables to find information elements
Initiatives around the world
July 12, 2019 - Abracadabra, here’s Libra Calibra
As Facebook attempts to bounce back from some of the latest setbacks, it is interesting to hear about the launch of Libra and Calibra, in what seems to be more of an offensive, rather than defensive response. What is Libra? … Continue reading →
January 2, 2018 - Apple Pay Cash and the matter of trust
Over more than a decade now we have seen the launch of mobile wallets and prepaid cards, the high hopes for them and an often lukewarm response from the customer, followed by a phased withdrawal. I have myself been … Continue reading →
July 3, 2017 - How people pay in the USA – Fed Reserve Payments study 2016
The Federal Reserve has just reported their estimates of the total number and value of all noncash payments made in 2015 in the United States, both by consumers and businesses. The study provides insights on adoption trends for new … Continue reading →
March 16, 2017 - The Florin Awards Europe 2017
I am just back from chairing the Florin Award Jury at The European Payment Summit 2017. We were pleased to see some highly innovative products and services from the finalists. ThreatMetrix was the winner of the Florin … Continue reading →
January 26, 2017 - A celebration of Republic Day in the land of miracles
Simply put, this is an important day for me. I would not have been around but for India’s Independence followed 3 years on by our Republic Day, now in it’s 68th glorious year. My Dad wanted to bring free … Continue reading →
November 21, 2016 - Openness versus Certainty of Regulations – What is more enabling?
Both openness and certainty are important to establishing what is termed as an “enabling” financial services(FS) regulatory environment. Firstly, what is an enabling regulatory environment? Just as plants would struggle to grow and survive without the right soil, climate and … Continue reading →
August 31, 2016 - A story of Malaysia and Singapore reflected by their coinage
Today is an important day for Malaysians, marking the creation of the Federation of Malaya back in 1957. Six years later, on this same day, North Borneo and Singapore would gain their freedom, leading to an Independent Malaysia on … Continue reading →
July 26, 2016 - Could new regulatory guidelines in Bangladesh turn MFS into “nobody’s baby”?
With the recent release of new draft guidelines for mobile financial services (MFS) in Bangladesh, I caught up with payments expert Raihan to get his views on the state of play of the market, possible outcomes from the guidelines and … Continue reading →
March 1, 2016 - The complexity of the gold ecosystem presents quandaries for regulators
With us since times immemorial, Gold has proved to be one currency that has remained relatively stable despite turmoil in global financial markets. Universally accepted, and prized as a medium of exchange from ancient times, today it offers renewed … Continue reading →
January 20, 2016 - Amazon’s new Subscribe & Save Offer: Could prove sticky?
As I report that Amazon has been making further inroads into the UK online shopping market, I realise it is probably an under-statement. As it was our go-to provider long before the holiday season it is no wonder we … Continue reading →
Bitcoin Price Inches Closer to $30,000 after Proving Warren Buffett Wrong
Context: Bitcoin Foundation, Bitcoin, Bitcoin
Dec 31, 2020 - Payments Market Investment Analysis | PayPal, FIS, Bank Of America - NeighborWebSJ
Payments Market Investment Analysis | PayPal, FIS, Bank Of America
Context: USA, Fidelity Information Service, Metavante, PayPal, BOFA, PayPal, FIS, Bank of America MB, NFC BOA microSD, Paypal Payment Code, Paypal Access, Paypal B2B Payment, Paypal One Touch, PayPal DT CB, Paypal Mobile SDK, Paypal Russia, Paypal Saudi Arabia, Paypal Wallet, Investment, Payments, FIS, Zong, Bank of America DB, NFC BOA microSD, Paypal, PayPal DT CB
Dec 31, 2020 - Forget the Bitcoin price! I’d invest £20k to make a million like this - Yahoo Finance UK
Forget the Bitcoin price! I’d invest £20k to make a million like this
Context: UK, Yahoo, Yahoo, Bitcoin Foundation, Bitcoin, Bitcoin
Dec 31, 2020 - The Nigerian entrepreneur behind Africa's response to Paypal and Stripe - How we made it in Africa
The Nigerian entrepreneur behind Africa's response to Paypal and Stripe
Context: PayPal, Stripe, AFRICA, MEA, Stripe, PayPal, Paypal Payment Code, Paypal Access, Paypal B2B Payment, Paypal One Touch, PayPal DT CB, Paypal Mobile SDK, Paypal Russia, Paypal Saudi Arabia, Paypal Wallet, Stripe, Zong, Paypal, PayPal DT CB, Stripe
Dec 31, 2020 - Pay Card Reader Market to Be at Forefront by 2020-2026: Square Inc, PayPal Inc, Infineon Technologies AG, CPI Card Group Inc - Farming Sector
Pay Card Reader Market to Be at Forefront by 2020-2026: Square Inc, PayPal Inc, Infineon Technologies AG, CPI Card Group Inc
Context: PayPal, Square, PayPal, Square, Paypal Payment Code, Paypal Access, Paypal B2B Payment, Paypal One Touch, PayPal DT CB, Paypal Mobile SDK, Paypal Russia, Paypal Saudi Arabia, Paypal Wallet, Square Register, Square Japan, Zong, Paypal, PayPal DT CB, Square
Dec 31, 2020 - How to prevent the security risks of a remote workforce - ITProPortal
How to prevent the security risks of a remote workforce
Context: Security
Oct 01, 2019 - Terra’s Blockchain Payment Network Eyes Mass Adoption Through Payments dApp CHAI - Coinspeaker
Terra’s Blockchain Payment Network Eyes Mass Adoption Through Payments dApp CHAI
Context: Blockchain, Blockchain, Blockchain, Payments, Blockchain
Oct 01, 2019 - PayPal might have bought its way into China's mobile payments market - Abacus
PayPal might have bought its way into China's mobile payments market
Context: China, PayPal, PayPal, Paypal Payment Code, Paypal Access, Paypal B2B Payment, Paypal One Touch, PayPal DT CB, Paypal Mobile SDK, Paypal Russia, Paypal Saudi Arabia, Paypal Wallet, Payments, Zong, China Country Viewport, Paypal, PayPal DT CB
Oct 01, 2019 - Card payments in Vietnam set to hit 522.5m by 2023 - The Business Times
Card payments in Vietnam set to hit 522.5m by 2023
Oct 01, 2019 - Standard Bank goes full steam with branchless banking - ITWeb
Standard Bank goes full steam with branchless banking
Context: STANDARD BANK, BB, STANDARD CHARTERED BANK BRUNEI, STANDARD BANK SOUTH AFRICA, Standard Bank App, Standard Bank NFC Card, Branchless Banking
Oct 01, 2019 - Global Digital Remittance Market- Reliability, Business Standards and Development Trends, 2019 Analysis and 2024 Forecasts - Space Market Research
Global Digital Remittance Market- Reliability, Business Standards and Development Trends, 2019 Analysis and 2024 Forecasts
Context: Remittance
Oct 01, 2019 - Simultaneous blackout of online banking with many Indian lenders - Economic Times
Simultaneous blackout of online banking with many Indian lenders
Context: OB
Oct 01, 2019 - Paypal (NASDAQ:PYPL) & eBay (NASDAQ:EBAY) Head to Head Comparison - Riverton Roll
Paypal (NASDAQ:PYPL) & eBay (NASDAQ:EBAY) Head to Head Comparison
Context: PayPal, eBay, PayPal, eBay, Paypal Payment Code, Paypal Access, Paypal B2B Payment, Paypal One Touch, PayPal DT CB, Paypal Mobile SDK, Paypal Russia, Paypal Saudi Arabia, Paypal Wallet, Zong, Paypal, PayPal DT CB
Oct 01, 2019 - Bitcoin Daily: Fusion Suspects Inside Crypto Theft; UK Sees Royal Scam - pymnts.com
Bitcoin Daily: Fusion Suspects Inside Crypto Theft; UK Sees Royal Scam
Context: UK, Bitcoin Foundation, Bitcoin, Bitcoin
Oct 01, 2019 - SVS And The Coffee Bean & Tea Leaf® Brand Launch A Gift Card-To-Mobile Initiative - Yahoo Finance
SVS And The Coffee Bean & Tea Leaf® Brand Launch A Gift Card-To-Mobile Initiative
Oct 01, 2019 - Global M-commerce Market 2019 – Alibaba, Amazon, Apple, eBay, Google - Online Industry News
Global M-commerce Market 2019 – Alibaba, Amazon, Apple, eBay, Google
Context: Alibaba, Amazon, Apple, eBay, Google, Alibaba, Ant, Amazon China, Amazon India, Google Commerce, ACI Gift Cards, Amazon, Apple USA, eBay, Amazon Payments Europe, Google, Apple iCloud Keychain, Apple Passbook Wallet, Google Wallet USA, Apple
Oct 01, 2019 - Global Remote Deposit Capture Market 2019 Business Standards – Bank of New York Mellon Corporation, Branch Banking and Trust Corporation - News Adopt
Global Remote Deposit Capture Market 2019 Business Standards – Bank of New York Mellon Corporation, Branch Banking and Trust Corporation
Context: BANK OF NEW YORK, RDC, BNY Mellon, Remote Deposit Capture
Oct 01, 2019 - Stripe and PayPal's Co Founder Backs Philippines-Based PayMongo's US$2.3 Million Seed Round - Fintech News Singapore
Stripe and PayPal's Co Founder Backs Philippines-Based PayMongo's US$2.3 Million Seed Round
Context: FinTech, PHILIPPINES, Singapore, PayPal, Stripe, Stripe, PayPal, Paypal Payment Code, Paypal Access, Paypal B2B Payment, Paypal One Touch, PayPal DT CB, Paypal Mobile SDK, Paypal Russia, Paypal Saudi Arabia, Paypal Wallet, Stripe, FinTech, Zong, Singapore Country Viewport, Paypal, PayPal DT CB, Stripe
Oct 01, 2019 - Instant Payments Are Here — Now, About That ROI… - pymnts.com
Instant Payments Are Here — Now, About That ROI…
Context: Payments
Oct 01, 2019 - Wallet innovation: three factors for B2C payments success - The Paypers
Wallet innovation: three factors for B2C payments success
Context: Payments
The Digital Money domain has been described by Shift Thought™ as a way to understand the ecosystem, products, services and infrastructure involved in the digitisation and transfer of value.
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Digital Banking
Digital Banking (DB) is the head we use to describe a range of alternative channels offered by banks to supplement branch services.
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Branchless Banking
Branchless Banking (BB) services is the category we use to describe services where banks/Fis leverage non-banks and technology to provide account opening, cash services and alternate financial services.
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Mobile banking
Mobile Banking refers to the category of services that offer consumers or businesses the ability to utilise a mobile device to conduct a range of banking services.
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Alerts and Notifications
Alerts and Notifications (Alerts) is the category under which we analyse services involving the provision of notifications regarding account activity.
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Remote deposit capture
Remote Deposit refers to the ability to deposit a check into a bank account from a remote location, such as an office or home, without having to physically deliver the check to the bank. This is typically accomplished by scanning a digital image of a
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Alerts and Notifications
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Online banking
The Online Banking category includes those services that offer the ability to use the web to conduct a range of banking transactions.
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Branchless Banking
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Digital Networks
The Digital Networks domain has been described by Shift Thought™ as a way to understand the networks through which cash is digitised or materialised within the context of digitisation of value.
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ATM/ACM services
ATM/ACM services (ATM) is the category we use to refer to functionality offered by initiatives that allows consumers to withdraw or deposit cash at self-service centres.
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Cash-In and Cash-Out services
The Cash-In and Cash-Out services (CICO) category is used by us to describe methods such as agent networks, ATM and Kiosks that facilitate cash transfer into or out of digital wallets, and provide customer interface services.
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Point of Sale service
Point of Sale ServiceThe Point of Sale(POS) service includes payment services that allow for payment for goods and services in-person, at locations including stores, post offices and self-service points.
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ATM/ACM services
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Digital Payment
The Digital Payments domain has been described by Shift Thought™ as a way to understand the different ways in which monetary value may be transferred between persons, businesses, government and other entities.
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Business to Business Payments
Business to Business Payments (B2B) is the category we use to describe payments and money transfer services offered to businesses.
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Business to Person Payments
Business to Person Payments (B2P) is the category we use to describe functionality money transfers for the purposes of payroll, wages and other company payments to individuals.
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Bill Payment
The Bill Payment (BP) service is the category that covers functionality for consumers to pay a bill directly to a biller, that may be a communications, utility or other provider.
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Dish TV Recharge
The Dish TV Recharge (DTV) category discusses services involving payment for or recharge of Dish TV.
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Dish TV Recharge
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SME Services
This category refers to Business Solutions for the Small & Medium Enterprise (SME) segment.
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SME Domestic Services
This category refers to Domestic Business Solutions for the Small & Medium Enterprise (SME) segment.
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SME Foreign Exchange Services
Online Foreign Exchange solutions for MSME (Micro, Small and Medium Enterprises) Businesses.
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SME International Services
This category refers to International Business Solutions for the Small & Medium Enterprise (SME) segment.
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Mobile POS
Mobile Point of Sale (mPOS) refers to the use of the mobile device for accepting payments.
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Merchant payment acceptance
This category refers to services that offer consumers and merchants the ability to accept payments.
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SME Domestic Services
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Digital Content
Digital Content (DC) is the category under which we classify consumer payements related to purchase of digital content and services. This includes purchase of games, music downloads and other typically small value payments from consumers to companies.
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Earnings
The earnings, pension and wages (EARN) category discusses services involving reciept of money related to personal compensation.
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Government to Consumer
The Government to Consumer (G2P) category includes transfers such as benefits or tax refunds from Government to individuals.
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High Value Payment
High Value Payments (HVP) typically have different requirements, as opposed to micro-payments. New payment services and innovations address different ranges of value transfer.
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Instant Payment
The Instant Payment (IP) category is used by us to analyse payment transactions with the fastest payout. These are real-time transfers that generally make the money available within minutes.
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Local Payment Service
This category discusses local payment services. Includes low value payment for example using contactless cards.
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Low Value Payment
Regular payments for low-value services are now being managed through technologies such as contactless payments, mobile NFC payments and other methods.
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Mobile Payment
Mobile payment refers to the use of a mobile device as a channel to initiate payments. This includes both local and remote payments, as well as the use of the mobile device to accept payment (mPOS).
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Near Field Communication
This category describes payment services involving Near Field Communications (NFC)
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Pay by mobile
Pay by mobile bill or prepaid credit for a range of goods and services
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Premium Rate Services
Premium rate services (PRS) are offered by a number of Level 1 and Level 2 providers, working with mobile network operators.
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Remote Mobile Payment
Remote mobile payments refers to services that allow consumers to make payments remotely using a mobile device.
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Near Field Communication
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Online Payment
This category describes payment services that allow for purchases or personal payments over the internet.
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Online dating, social and entertainment services
The Online Dating category includes those services that allow for online payment for dating, social and entertainment services.
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Online gambling
The Online Gambling category includes those services that allow for online value transfer related to lottery, betting and gambling.
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Online dating, social and entertainment services
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Payment Systems
This category refers to payment systems and platforms.
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Trade or Merchant Payments
Trade or Merchant Payments relate to businesses as opposed to consumer transactions.
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Business to Business Payments
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Digital Services
The Digital Services domain has been described by Shift Thought™ as a way to understand the different kinds of products and services that consumers and businesses are offered within the context of Digital Money.
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Anonymity in Payments
Anonymity (Anon) is used by us to track the functionality supported by new services that allow payment without revealing details of buyer or seller.
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Airtime Transfer
Airtime Transfer (AT) is the category under which we analyse services relating to airtime topup and transfer.
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Domestic Airtime Transfer
Domestic Airtime Transfer (DAT) includes topup of prepaid phones, whether for own use or that of friends and family.
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International Airtime Transfer
International Airtime Transfer (IAT) is the category we use to analyse services relating to international topup or transfer of prepaid mobile airtime.
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Domestic Airtime Transfer
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Insurance services
Insurance services is a category under which we analyse insurance services of all kinds, offered within the context of digital money initiatives.
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Microfinance
MFI refers to those microfinance services offered by a provider and may include loans to consumers or small businesses.
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Mobile Health
Mobile health refers to those services offered within the context of digital money initiatives.
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Money Transfer
This category refers to Money Transfer Services. This includes domestic, regional and international money transfer across all channels.
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Aid and charitable donations
Aid and charitable donations (Aid) category covers money transfers to individuals for the purpose of providing aid.
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Bank-Account based money transfer services
Bank-Account based money transfer services (BAB) are offered by money transfer operator in partnership with banks.
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Direct To Bank
A sender provides a receivers bank account and routing number to a money transfer agent. Funds are generally available in receiver's bank account within 3-5 bank business days.
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Domestic Money Transfer
The Domestic Money Transfer (DMT) category relates to person-to-person (P2P) money transfer within a country.
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Cash-on-delivery/ Home Delivery
Cash-on-delivery/ Home Delivery (HOMEDL) category is used by use in order to analyse services where money transfer occurs at a consumer home.
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International Money Transfer
This category refers to the provision of international money transfer services.
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Mobile Money Transfer
The Mobile Money Transfer (MMT) category has been described by Shift Thought™ to include personal money transfer transactions initiated using a mobile device.
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Cash to Mobile Wallet
The Cash to Mobile Wallet (C2M) category refers to the various services provided for loading Cash onto Digital Money wallets.
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Mobile Receive
This category refers to the provision of mobile money transfer services.
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Mobile Send
This category refers to the provision of money transfer services where the transaction for sending money can be initiated using the mobile device.
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Cash to Mobile Wallet
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Next Day Service
Next Day is a service offered by money transfer operators where money sent before 12:00 am in the local time zone is available by 7:00 am the next day, in the receiver time zone.
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Person to Business
The Person to Business (P2B) category includes transfers from individuals to businesses.
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Person to Government
The Person to Government (P2G) category includes transfers from consumers to Government, such as tax payment.
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Quick Cash
Cash Payout to Consumers. Allows companies to make payments to their consumers or employees. The transaction is initiated by the sending company and receipt of the transaction is performed in the same way as a regular "will call" money transfer recei
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Aid and charitable donations
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Offers
This category discusses services involving provision of discounts and loyalty.
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Other Products
This category describes other services related to Digital Money.
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P2P Lending/ Crowdfunding
P2P Lending refers to lending activities that leverage a community of investors and lenders. We include Crowdfunding under this head.
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Saving
Saving services refers to the ability for new digital money innovative services to offer consumers a way to securely save their money.
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Social commerce
Social Payments refers to the ability to offer consumers a way to make payments in the context of their social networking experience.
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Transport
This category refers to the use of services to pay for transport, transit, parking, ticketing and other charges associated with travel.
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Anonymity in Payments
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Digital Technology
The Digital Technology domain has been described by Shift Thought™ as a way to understand the technologies that form the basis of the products and services within the Digital Money domain.
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Card services
Card services (Card) refer to payment card services that support digital money initiatives.
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Cardless ATM services
The Cardless ATM services (CardlessATM) describes innovations in ATM Cash Withdrawal such as cardless instant cash.
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Credit Scoring services
Credit Scoring services (CreditScore) is the category we use to analyse functionality relating to non-traditional credit scores that are built around the new digital money services.
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Hub
The hub service (Hub) category is defined by Shift Thought™ to cover infrastructure and interfaces used to facilitate cash transfer into or out of digital wallets, exchange conversion, regulatory checks and the movement of money.
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Payment Service Provision
This category describes the provision of intermediary functions relating to payment services.
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Trusted Service Manager
A trusted service manager (TSM) plays a role within an NFC ecosystem by acting as a neutral broker.
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White Label
This category refers to B2B services that support integration and build of products and services by other brands.
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Card services
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Digital Wallets
The Digital Wallet domain has been described by Shift Thought™ as a means of understanding the whole range of stored value products including the provision of e-money, mobile wallets and e-wallets.
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E-Wallet
The E-Wallet domain has been described by Shift Thought™ as a means of understanding the storage of monetary value across a range of technologies that include server and card-based services.
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Mobile money
The Mobile Money service category described by Shift Thought™ refers to financial services that provide a stored value account where the customer relationship is not with a bank.
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Mobile wallet
Mobile Wallet service category refers to the use of an account and stored value or e-money associated with a mobile subscriber.
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Prepaid Card
The Prepaid Card category discusses services that involve prepaid cards. Depending on the regulatory environment, these may be issued by non-banks, or may be co-branded.
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Virtual Currency
Virtual currency differs from electronic money as the currency has no physical counterpart with legal tender status. The schemes, of which Bitcoin is the most well known are generally based on a peer-to-peer network.
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E-Wallet
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Wholesale Sector
Wholesale Sector
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Asset Management
Asset Management
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Corporate Banking
Corporate Banking
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Investment Banking
Investment Banking
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Wholesale Finance
Digital Banking (DB) is the head we use to describe a range of alternative channels offered by banks to supplement branch services.
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Asset Leasing
Asset Leasing
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Invoice Discounting
Invoice Discounting
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Revolving Lines of Credit
Revolving Lines of Credit
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Stock Financing
Stock Financing
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Asset Leasing
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Asset Management
The Knowledge Base catalogue
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Catalog of classes of knowledge
Knowledge Base - Class
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Catalog of Currencies
Currency Profile
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Catalog of Economic Zones
Economic Zones
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Geographical Categorisation
Geographical classification
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Catalog of Countries
Geographical classification at Country level
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Catalog of Regions
Geographical classification at Region or Sub-region level
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Catalog of Countries
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Operations
operations of different kinds
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Catalog of Channels
The different channels through which services are made available
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Catalog of Class of Trade
The different classes of trade of Agents providing the services
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Catalog of Personas that describe Initiatives
Personas of Digital Money Initiatives
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Payment Instruments
Payment Instruments
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Catalog of Products
Products and Services
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Catalog of Channels
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Catalog of Players
Players within the Ecosystem
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Catalog of Banks
Analysis of Banks and Financial Services Players
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Catalog of Regulators and other Entities
Regulators, Development or Trade Bodies
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Catalog of Groups
Group details
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Catalog of Mobile Network Operators (MNOs)
Mobile Network Operators
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Catalog of Payment Providers
Payment Players
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Catalog of Post Offices
Post Office
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Catalog of Vendors
Details about Vendors
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Catalog of Banks
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Catalog of Relationship Profiles
Class for implementing relationships
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Catalog of Player Presence
Player Presence in different parts of the world
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Catalog of Group Ownership Profiles
Group Ownership in local operators
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Relationships between Channels
Channels in use for financial services
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Catalog of Corridors
Key Send-Receive corridors for remittances worldwide
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Relationships between Class of Trade
Class of trade of players within Financial Services
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Catalog of the use of Currency in Specific Geographies
Profile for Currencies of the world
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Relationship between Economic Zones and Geographies
Economic zones
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Catalog of Bank Presence in Specific Geographies
In-country presence of Banks and Financial Services Players
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Catalog of Regulator Presence in Specific Geographies
Regulatory bodies for each part of the world
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Catalog of Group Presence in Specific Geographies
Presence of groups in different parts of the world
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Catalog of MNO Presence in Specific Geographies
Presence of mobile operators in different parts of the world
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Catalog of Payment Provider Presence
Presence of payment service providers in different parts of the world
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Catalog of Post Office Presence in Geographies
Regulator Presence in different parts of the world
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Catalog of Vendor Presence in Specific Geographies
Vendor Presence in different parts of the world
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Relationship between Geographical Categories
Geographical classification that unders the knowledge base
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Relationships between operations
Relation between Operations: Products, Channels and COT
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Catalog of Products
The Catalog of Products provides a list of the various products and services and the relationships between them.
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Relationships between Topics
This relates to the relationships between topics, and the hierarchy through which discussions have been structured.
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Catalog of Digital Money Initiatives within Geographies
Details aboout initiatives in each part of the world
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Catalog of Player Presence
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Catalog of Topics
Topics under which knowledge is classified
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Catalog of Viewports
Details about Viewports offered
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Catalog of Views
Views available in the system
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Catalog of Digital Money Initiatives
Details about Digital Money Initiatives
Knowledge relating to Digital Money has been classified under the broad categories described here. This is the main heading under which all others topics are described. Each topic has a parent topic that ultimately connects here.
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Financial Inclusion/ How consumers access financial services
The Financial Inclusion/Access Topic includes knowledge related to the kind of access that consumers and businesses have to channels through which they can access financial services.
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Micro Finance Institute
Micro Finance involves the provision of financial services to micro-entrepreneurs and small businesses.
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Micro Finance Institute
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Banking
This topic relates to banking or financial services under which we pay special attention to innovative services that have recently emerged. These typically leverage new technology and channels available to consumers.
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Remote Deposit Capture
Remote Deposit refers to the ability to deposit a check into a bank account from a remote location, such as an office or home, without having to physically deliver the check to the bank. This is typically accomplished by scanning a digital image of a
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Remote Deposit Capture
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Complexity
The complexity topic discusses the implications of scale, interconnectedness, dependancies and dynamism on parts of the ecosystem.
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Regulatory compliance
Regulatory compliance describes the goal that corporations or public agencies aspire to achieve in their efforts to ensure that personnel are aware of and take steps to comply with relevant laws and regulations.
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Anti-Money Laundering
Anti-money laundering (AML) is a term mainly used in the financial and legal industries to describe the legal controls that require financial institutions and other regulated entities to prevent or report money laundering activities. Anti-money laund
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Information Requests
The Information Requests topic discusses the 314(a) requests received from FinCEN.
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Registration Requirements
The registration requirements topic discusses issues relating to processes for consumers to subscribe to digital money services.
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Information Requests
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Customer Due Diligence (CDD)
Customer due diligence measures ensure that businesses know who their clients are, and do not accept clients outside of their normal risk tolerance, or whose business they do not fully understand.
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Combating Financing of Terrorism (CFT)
The Combating Financing of Terrorism (CFT) topic covers legislation and topics related to countering the financing of terrorism.
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Corruption
The Foreign Corrupt Practices Act (FCPA) was enacted to prevent the bribery of foreign government officials for commercial advantage.
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Know Your Customer(KYC)
Know Your Customer, or KYC, refers to the regulatory compliance mandate imposed on financial service providers to implement a Customer Identification Programme and perform due diligence checks before doing business with a person or entity.
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Politically Exposed Person (PEP)
Politically Exposed Person (PEP) is the term used to describe someone who has been entrusted with a prominent public function, or an individual who is closely related to such a person.
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Anti-Money Laundering
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Foreign Exchange
This describes Currency and Foreign Exchange related topics
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Cryptocurrency
Cryptocurrency is the term used to refer to virtual currencies such as Bitcoin.
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Inbound Or Payout
The Inbound topic discusses specific issues, rules and restrictions relating to inbound or Payout transactions.
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Intra Remittances
The Intra Remittances topic discusses issues, rules and restrictions relating to domestic money transfer transactions.
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Outbound Remittance
The Outbound Remittances topic discusses specific rules and restrictions relating to outbound remittances or Send transactions.
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Specific Corridor
This topic discusses the specific corridor related rules regarding currencies.
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Cryptocurrency
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Economy and Economic Outlook
As market development and business development activities involve a good understanding of the market conditions in each country, this topic on Economy pulls together knowledge related to Economic Outlook.
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Estimates
The estimates topic pulls together knowledge required for market development and business development activities involving business planning and forecasts.
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FinTech
FinTech is a recent term applied to disruptive financial innovation, and is similar to the term "digital money" used by Shift Thought for some years now.
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Investment
This topic issues that are of importance to investors and venture capitalists interested in investing in Digital Money Initiatives.
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Legal
This topic discusses legal issues relating to digital money.
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Competition
This topic covers issues relating to Competition rules and regulations that may apply to digital money services.
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Over-the-top Players
The term OTT relates to Over-the-top players that offer services that run on the rails of traditional players.
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Over-the-top Players
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Corporate Structure
The Corporate Structure topic covers specific legal rules and restrictions relating the way in which businesses structure themselves in order to offer digital money services.
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Exclusive Agency
This describes the rules regarding exclusivity. Exclusivity is a contract term in which one party grants another party sole rights with regard to a particular business function.
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Licensing
The Licensing topic discusses issues, rules and restrictions relating to licensing requirements for digital money services.
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Patents covering alternate payments
This relates to patents filed in the USA, Europe or Internationally, in the domain of digital money services that include alternative payments, mobile payments, digital wallets and more.
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Registration
The registration topic discusses issues relating to processes for consumers to subscribe to digital money services.
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Competition
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Links to further information
Links to further information provided by the player or others online
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Marketing
This describes marketing related topics involved in the launch and ongoing support of digital money services.
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Consumer Protection
Consumer rights are the rights given to a "consumer" to protect him/her from being cheated by salesman/manufacturer. Consumer protection laws are designed to ensure fair trade competition and the free flow of truthful information in the marketplace.
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Consumer Market
This describes the issues that relate to direct consumer markets, as opposed to business markets.
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Data Privacy
This topic covers Data Protection and Data Privacy as regards consumer data that businesses process as a part of marketing or delivering consumer services.
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Loyalty
This describes Loyalty related topics
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Migration
Migration relates to the movement of people between countries for the purpose of living in a country other than that of their birth.
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Pricing
This topic discusses rules relating to pricing within the marketing of products and services.
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Privacy
This relates to personal privacy rules that are must be adhered to in the provision of services to consumers.
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Remittance
This relates to movement of money because of the need to send money back home. A remittance is a transfer of money typically by a foreign worker back to their home country.
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MSME Market
This topic discusses the MSME (Micro, Small and Medium Enterprises) market which is one of the fastest growing segments for digital money services.
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Transparency
The Transparency topic discusses issues and rules relating to pricing transparency within the marketing of products and services.
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Consumer Protection
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Products and Services
This topic discusses the products and services that are involved in the provision of digital money services.
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Bank Account Based Money Transfer
This topic discusses bank-account based money transfer. This includes a variety of services that leverages a bank account on the send or receive side of a money transfer transaction.
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Mobile Health
Mobile Health uses ownership of the mobile to extend healthcare services.
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Mobile Money Transfer
This topic covers a wide range of innovative services where a mobile device is used as a channel to provide services to market segments that include previously banked users, but also those thay may be unbanked or underbanked.
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Use of Agents/ Agent Network
An agent network is one of the most important requirements for the success of digital money, as it is the means for digitising cash.
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Prepaid Card/ Stored-value card
This topic discusses issues, rules and regulations related to storage of value on cards for the purpose of conveniently paying for transport, digital content, money transfer and other services.
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Bank Account Based Money Transfer
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Operations
Operations is the term utilised to describe products and services, channels, class of trade and other concepts related to the operational requirements of digital money services.
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Cash-in/cash-out
The CICO (Cash-in/ Cash-out) topic describes issues regarding the ways in which consumers are allowed to deposit and withdraw cash.
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Fraud
Fraud can be committed through many media, including mail, wire, phone, and the Internet (computer crime and Internet fraud). The international dimensions of the web and ease with which users can hide their location, the difficulty of checking identi
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Identity
This relates to identity and user identification that is the foundational building block for the development of digital money services.
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Payout Requirements
In the context of digital money, payout restrictions and requirements must be understood from the perspective of compliance.
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Recordkeeping
Recordkeeping requirements relate to issues, rules and regulations relating to the maintenance of records relating to digital money transactions.
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Security
This relates to the Security considerations for Digital Money
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Cyber Security
Cyber security relates to protection of systems, networks and data in cyberspace and in this topic we focus on connections with Digital Money, including e-commerce and e-security across mobile, web and other channels.
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IoT Security
IoT security relates to protection of devices, systems, networks and data related to the Internet of Things.
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Mobile Security
This relates to the Security considerations for mobile phone devices especially with respect to Digital Money, including e-commerce and e-security.
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Authentication
Authentication relates to the process of identifying an individual, usually based on user name and password. Authentication merely ensures an individual is who they claim to be and says nothing about the access rights, as that is managed by Authorisation.
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Biometrics
This relates to the Biometrics as an authentication method for Digital Money.
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Authentication
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Cyber Security
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Tax
This topic discusses the tax related requirements for the various lines of business.
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Cash-in/cash-out
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Payments
The Payments Topic includes knowledge related to a variety of services such as mobile payments, online payments, bill payments and more.
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Bill Payment
Bill Payment services are now offered as part of the alternative financial services that are emerging in different parts of the world.
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Branchless Banking
These are initiative to utilise new technology and non-banks in order to extend the reach and provide banking services to the unbanked and underbanked.
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Transactions Involving Businesses
Often financial services offered distinguish between the intended use, as relates to consumers and businesses. This topic covers specific rules and restrictions relating to business transactions.
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Electronic money (E-money)
The Electronic money (e-money) topic discusses issues related to electronic value stored in an account and exchangeable against real money.
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Government Payment
The Government Payment topic discusses innovations in the way the government pays out money including benefits, agricultural support and other assistance to the public.
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Mobile Banking
Mobile Banking refers to the ability to use a mobile device to conduct a range of banking services.
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Mobile Money
Mobile money uses ownership of the mobile to extend financial access
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Mobile Payment
Mobile payment refers to the use of a mobile device as a channel to initiate payments. This includes both local and remote payments, as well as the use of the mobile device to accept payment (mPOS).
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Money Transfer
Money transfer refers to the movement of money from one person or institution to another.
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Domestic Money Transfer (DMT)
The Domestic Money Transfer (DMT) topic discusses issues relating to the transfer of money within a country.
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International Money Transfer
The International Money Transfer (IMT) topic discusses issues relating to the transfer of money across countries.
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Domestic Money Transfer (DMT)
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Near field communication (NFC)
Near field communication (NFC) allows for simplified transactions, data exchange, and wireless connections between two devices in close proximity to each other, usually by no more than a few centimeters.
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New Payment Methods
New/Alternative Payments refers to payment methods that are used as an alternative to cash or card. Most alternative payment methods address a domestic economy or have been specifically developed for electronic commerce and the payment systems are ge
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Online Payment
The Online Payment topic discusses issues relating to the provision of payment services over the internet.
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Rules Regarding Payment Delivery Time
This topic discusses requirements related to moving the money out of the system within a certain period of time, in the context of delivery of money transfer services.
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Payment Systems
Payment systems refers to operational networks, governed by laws, rules and standards, that link bank accounts and provides the functionality for monetary exchange.
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Quick Response Code (QR Code)
A Quick Response Code, commonly known as a QR Code is a type of matrix barcode or two-dimensional barcode.
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Bill Payment
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Players/ Organisations
The term "Player" has been used to refer to organisations of all kinds that are involved in the digital money ecosystem.
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Bank
This topic relates to Banks or financial services institutions involved in the ecosystem.
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Mobile network operator (MNO)
A mobile network operator (MNO) is a provider of wireless communications services that owns or controls the elements necessary to sell and deliver services to an end user.
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Post
This describes issues that relate to the role played by postal institutions in the provision of digital money services.
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Retail
The Retail topic discusses issues and rules relating to the Retail Players involved in the digital money ecosystem.
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Scheme
This discusses topics relating to Schemes or Card Providers involved in the ecosystem.
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Vendor/ Service provider
This topic discusses issues that relate to vendors and service providers involved in the ecosystem.
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Bank
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Regulatory Environment
The enabling and regulatory environment consists of the bank and non-bank regulations and policies that influence the provision of remittance services and the opportunity to cross-sell other services.
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Authorised Entities
Authorised Entities refers to the types of entities that are allowed by regulators to provide specific services, after obtaining the required licenses and approval.
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Non-banks
The term "non-banks" is used to describe players involved in the provision of digital money who are not banks or financial institutions.
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Recent Or Expected Changes To Regulations
Discusses expected or likely changes to regulations. This is very important for a number of areas of our business including Product and Strategy as well as Operations.
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Restrictions & Limits
This relates to legal restrictions and limitations on specific business.
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Authorised Entities
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Segment
This topic discusses the various market segments for digital money services.
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Technology
Technology has a key role to play in enabling innovations in digital money services.
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Host Card Emulation (HCE)
This relates to the ability to control the NFC chip through an application running within the Host Operating System.
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Mobile
This relates to special considerations for use of Mobile as a channel of access for digital money services.
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Handsets
It is critically important that services launched are accessible to the target market for whom they are meant.
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Handsets
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Tokenization
This relates to the use of a surrogate instead of a card number.
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Web
This relates to special considerations for use of the internet or web as a channel for extending digital money services.
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Host Card Emulation (HCE)
"There are few companies in the world who are so expertly focused on the complex topic of mobile money ... I would be very surprised if there was a better source of information out there. ..." Adam Lee, Chief Product Officer, Boku, Inc.
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