Before 2008, the typical person with a savings account, a mortgage, or an insurance policy never quite cared about who was keeping on an eye on the persons and institutions managing their money. Now Central Bank is more scrutinized than the financial players themselves.
The results of the BSP’s 2019 Financial Inclusion survey revealed that there is a wide gap in smartphone ownership and internet access depending on locality, geography, and income. 3/5  BIS central bankers' speeches  This basic constraint needs to be addressed so that our objectives can be achieved.