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Disclosure and transparency are cornerstones of financial consumer protection and are key drivers of trust in the financial system. A key facts statement (KFS) is an important tool to improve transparency and disclosure of information for financial products through the adoption of a standardized format that is designed to convey information in a simple and easy-to-understand manner. The design of a KFS is central to its success. Testing a...
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  • Key Facts Statement Testing : Options, Methodologies, and Tools - Financial Inclusion Support Framework : Technical Brief

  • transaction account; short period of time; field experiment; financial product; focus group; mobile money; fees and charge; cost of loan; information in table; Mobile Wallet; frequently asked question; cost loan; time of day; financial service provider; types of service; local market; consumer preference; consumer survey; potential users; consumer protection; resource consideration; small sample; qualitative research; time deposit; treatment... Vea más

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