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Deposit Insurance

Federal Deposit Insurance Corporation, an independent agency of the Government of the United States was created in 1933 in a section of the law of the Federal Reserve Bank deposits insured in the bank failures. In 1950, the part...
Digital technology is going a long way toward making formal financial services more accessible for undeserved customers. The typically lower cost of digital delivery of financial services and products allows customers to transact locally in irregular, tiny amounts, and...
Today, we seek protection for things we regard to be important. For example in life, I believe most people have life insurance. Similarly, to protect bank deposits, governments provide security by implementing deposit insurance. As many of you know, the...
Answering the simple question of “what is a deposit?” is getting to be more difficult as innovations with digital financial services continue and unserved and underserved customers use products in new ways. The appearance of electronic wallets, prepaid debit...
The expansion of digital financial services is allowing a rapidly increasing number of financially excluded and undeserved customers to make payments and to store value in tiny amounts using different types of products. This includes some products that challenge the...
The quest for lasting financial stability is still fraught with risks. The latest Global Financial Stability Report has two key messages: policy actions have brought gains to global financial stability since our September report; but current policy efforts are not enough to...
This crises has taken its toll on livelihoods of many people. But it’s also making otherwise reasonable and balanced investors lose the plot and move from investing to preaching. I have found myself in a surprising situation lately – I...

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