Thus, influential bodies such as the Group of 20 major economies more popularly known as G20 have incorporated financial inclusion in their agendas. In fact, the recent G20 Leaders Meeting resulted in the creation of a Financial Inclusion Experts Group to work on broadening access to a full range of financial services as a strategy to provide the foundation for sustainable growth worldwide.
This guideline has created a level playing field by coming up with a minimum set of requirements that must be followed by all regulatees before having recourse to cloud-based services.