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Digital Financial Services (DFS), Fast Payments and Financial Market Infrastructure

This toolkit explains the rapid adoption of fast payment systems, driven by technological progress and evolving market needs, which require modernized financial infrastructures and flexible regulatory frameworks. It includes a digital financial services reference guide that curates evolving good practices in regulatory and policy frameworks. The course also covers Project FASTT, which aims to accelerate fast payment system adoption in low- and middle-income countries.

Delivery Mode

Toolkit

Language

English

Overview

This toolkit addresses the growing need for modernized financial infrastructures and regulatory frameworks in response to technological progress and evolving market demands. It emphasizes the global adoption of fast payment systems, which improve efficiency, security, and accessibility in payment services. The digital financial services reference guide within the course highlights good practices in the regulatory and policy frameworks. Additionally, the course covers Project FASTT, an initiative aimed at accelerating the adoption of fast payment systems in low- and middle-income countries by utilizing innovations such as digital IDs, digital lending, and open banking. This project fosters financial inclusion, enhances market competition, and catalyzes the development of the digital economy.