Ti.Ref No :- 451808499
Supporting Finance Sector And Private Sector Development In The Pacific - Digital Financial Services Expert
ORGANISATION DETAILS
| Organisation Name: | ASIAN DEVELOPMENT BANK |
|---|---|
| Address: | 6 adb avenue,mandaluyong city 1550, philippines+63-2 8632 4444 |
PREQUALIFICATION DETAILS
| Document Type: | Prequalification |
|---|---|
| Bidding Type: | Domestic Competitive Bidding |
| Project Location: | Philippines |
| Tender Notice No: | 50396-001 |
| Description: | Expression of Interest: Supporting Finance Sector and Private Sector Development in the Pacific - Digital Financial Services Expert The consultant will support adb in the development of projects that integrate cutting edge digital technology in financial services with the objective of expanding affordable, appropriate and accessible financial services to unbanked and underserved segments of populations in the pacific. Projects will include to address the high cost of remittances through for example cryptographically verifiable transactions, and personal identification through for example biometric identification. The consultant is expected to provide substantive technical advice in designing projects and in identifying solutions through advisory services and documentation. The consultant will: 1- act as resource person for innovative approaches to establishment of electronic KYC, transaction monitoring based on advanced analytics, real time screening, business risk management, settlement of funds, and business modeling.; 2- support potential projects where digital technology in financial services can be integrated with the objective to expand access to finance and to promote financial and social inclusion; 3- support design and implementation of technical assistance/pilot projects that integrate digital technology for financial services, including flow of remittances through money transfer operators and its agents; 4- identify legal and regulatory requirements, international standards and government or central bank support needed to facilitate adoption of digital financial services; 5- identify needs for and strategies to deliver financial literacy/capability training digitally; and support in identifying best practice examples, guidelines, checklists; and 6- contribute to preparation of reports and other documentation as required; and 7- identify strategic partnerships for pilot project implementation Detailed Tasks and/or Expected Output Detailed tasks will include to: 1- identify and develop at least 2 use cases, that are sustainable and scalable, for which digital financial solutions can be established. This must be client centric incrementally improving service delivery, business processes and UX/UI; 2- assess suitable payment technologies and systems that are required to enable introduction of digital financial solutions in the location; 3- identify requirements for introducing financial technology solutions; 4- identify legal and regulatory requirements that are needed to adopt the cashless means of transacting activities, including AML/CFT and sanction list screening and compliance; 5- identify needs for digital financial literacy/capability and campaign strategy; 6- develop a pilot project approach and implementation; 7- identify needs for capacity building to enhance skills on digital financial technologies; 8- prepare a final report containing 10-15 pages that detail resu |
| Deadline: | 2023-04-12 |
Related Documents
SECTOR
Banking And Finance; Management, business and administration;
DISCLAIMER
For accuracy, please refer to the text in the original language in the attached document.