Investor Presentaiton
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Sensitivity: Public
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Five key Implications for the Financial Sector (2/2)
Fraud risk
Lack of
awareness
Full implementation of EmFi services may require relaxation of Anti Money Laundering (AML)
and Know Your Customer (KYC) regulations which can expose businesses to fraud risk
Regulators may need to provide regulatory guidance.
Improving financial literacy by leveraging digital platforms to provide information and training
and incorporating insights from behavioral economics such as nudges and reminders or the
use of entertainment
Improving financial literacy can increase consumers awareness in EmFi, increasing their
knowledge for the products, services, and providers resulting in them escaping any form of
exploitation and abuse.View entire presentation