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DISCLAIMER
The Financial Inclusion Global Initiative (FIGI) is a three-year program implemented in
partnership by the World Bank Group (WBG), the Committee on Payments and Market
Infrastructures (CPMI), and the International Telecommunication Union (ITU) funded by
the Bill & Melinda Gates Foundation (BMGF) to support and accelerate the implementa-
tion of country-led reform actions to meet national financial inclusion targets, and ulti-
mately the global 'Universal Financial Access 2020' goal. FIGI funds national implemen-
tations in three countries-China, Egypt and Mexico; supports working groups to tackle
three sets of outstanding challenges for reaching universal financial access: (1) the Elec-
tronic Payment Acceptance Working Group (led by the WBG), (2) The Digital ID for
Financial Services Working Group (led by the WBG), and (3) The Security, Infrastructure
and Trust Working Group (led by the ITU); and hosts three annual symposia to gather
national authorities, the private sector, and the engaged public on relevant topics and to
share emerging insights from the working groups and country programs.
This report is a product of the FIGI Security, Infrastructure and Trust Working Group, led
by the International Telecommunication Union.
The findings, interpretations, and conclusions expressed in this work do not necessar-
ily reflect the views of the Financial Inclusion Global Initiative partners including the
Committee on Payments and Market Infrastructures, the Bill & Melinda Gates Foundation,
the International Telecommunication Union, or the World Bank (including its Board of
Executive Directors or the governments they represent). The mention of specific compa-
nies or of certain manufacturers’ products does not imply that they are endorsed or
recommended by ITU in preference to others of a similar nature that are not mentioned.
Errors and omissions excepted, the names of proprietary products are distinguished by
initial capital letters. The FIGI partners do not guarantee the accuracy of the data includ-
ed in this work. The boundaries, colours, denominations, and other information shown
on any map in this work do not imply any judgment on the part of the FIGI partners
concerning the legal status of any country, territory, city or area or of its authorities or
the endorsement or acceptance of such boundaries.