Presentation at a two-day conference, hosted by the Development Bank of Jamaica and the Bank of Jamaica under the theme ‘A Call to Action: Driving Financial Inclusion with Digital Payments’. The conference focused on the benefits of Jamaicans participating in the digital economy and supports the Government’s thrust towards making Jamaica a digital economy. It is also part of the National Financial Inclusion Strategy, launched in March 2017 which aims to create the enabling environment for Jamaicans to save, invest, and to do business and obtain financial information to empower themselves and contribute to economic growth and development.

The CEO’s presentation included the following areas: The Deposit Insurance Scheme, consumer protection and digital financial inclusion; general approaches to providing deposit insurance for digital stored-value products; how deposit insurance protects users of digital payment services in Jamaica; and initiatives by the JDIC to promote financial inclusion and consumer protection in a digital economy.