New Publication on Mobile Financial Services in Latin America & the Caribbean

Cross-post from GSMA blog (with special section on Ecuador and infographic)
Click here.
By Mireya Almazan

Ecuador has implemented an innovative approach to
financial inclusion.

"Today, the GSMA is releasing a new publication on mobile financial services in Latin America and the Caribbean (LAC), which provides a snapshot of the current state of mobile financial services in LAC, analyses the commercial models being employed in different market segments, and discusses the regulatory evolution that has helped shape the industry....

Click here to see the colorful infographic.

Ecuador - "In Ecuador, the central government is the only issuer of e-money, as established by a legal framework issued in 2014.[6] Ecuador has thus opted for a policy approach to mobile
money instead of a commercial approach. These efforts are in early stages and will be studied by industry stakeholders for years to come....

GSMA State of the Industry Report

Find out all the fun facts on mobile money in the GSMA State of the Industry report:

- 299 million registered mobile money accounts globally at end of Dec 2014.
- 21 mobile money services with over one million active accounts. 
- 10% of mobile money services are delivered primarily over-the-counter.

And much more...

"Today, the GSMA Mobile Money for the Unbanked (MMU) programme releases its 2014 State of the Industry Report on mobile financial services. Published annually, the report provides industry practitioners with insights into the important developments taking place in mobile money, mobile insurance, mobile savings and mobile credit..."