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REGULATORY AND SUPERVISORY TECHNOLOGIES FOR FINANCIAL INCLUSION
LIST OF ABBREVIATIONS
MM
Mobile Money
2FA
Two-factor authentication
MSMEs
Micro, Small and Medium Entrepreneurs
AI
Artificial Intelligence
NIBSS
Nigeria Inter-Bank Settlement System Plc
AML
Anti-money Laundering
NLP
Natural Language Processing
API
Application Programming Interface
NRB
Nepal Rastra Bank
ATM
Automated Teller Machines
OeNB
Central Bank of Austria
AuRep
Austrian Reporting Services
ORASS
BNR
National Bank of Rwanda
Online Regulatory and Analytical Surveillance Software
BSP
Bangko Sentral ng Pilipinas
OTP
One-time password
BVN
Bank Verification Number
P2P
Peer-to-peer
CAR
Capital Adequacy Ratios
R2A
RegTech for Regulators Accelerator
CBN
Central Bank of Nigeria
RegTech
Regulatory technology
CDD
Customer Due Diligence
RPA
Robotic Process Automation
CECL
Current Expected Credit Losses
RWA
Risk-weighted Assets
CFT
Combating the Financing of Terrorism
SACCOs
Savings and Credit Cooperatives
CNBV
Comisión Nacional Bancaria y de Valores (Mexico)
SAR
Suspicious Activity Report
SDGs
Sustainable Development Goals
CONSAR
National Commission for the Retirement Savings System
SMS
Short Messaging Service
STR
Suspicious Transaction Report
COVID-19 Coronavirus Disease 2019
SupTech
Supervisory technology
DFS
Digital Financial Services
TSP
Technology Service Provider
DFSWG
Digital Financial Services Working Group
UNCDF
United Nations Capital Development Fund
DLT
Distributed Ledger Technology
USD
US Dollar
DNB
De Nederlandsche Bank
DP4DFS
Data Privacy for digital financial services
EDW
Electronic Data Warehouse
EFIF
European Forum for Innovation Facilitators
e-KYC
Electronic Know Your Customer
ESAs
European Supervisory Authorities
FCPD
Financial Consumer Protection Department
FDPs
Forcibly Displaced Persons
FI
Financial Institution
FinTech
Financial Technologies
FSP
Financial service provider
GDP
Gross Domestic Product
GIF
Gender Inclusive Finance
GIS
Geographic Information System
IDPs
Internally Displaced Persons
IT
Information Technology
KYC
Know Your Customer
LCR
Liquidity Coverage Ratio
MAS
Monetary Authority of Singapore
ME&L
Monitoring, Evaluation, and Learning
ML
Machine Learning
ML/TF
Money Laundering/Terrorism financing
