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They need to be tight enough to protect users and discourage money laundering, but open enough to allow new services to emerge.
They need to be tight enough to protect vulnerable users and discourage money laundering, but open enough to allow innovative mobile banking to grow.If the transfer of money by mobile phone between countries as well as within them takes off, it could have implications far beyond the salons of Soweto.
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The National Bank of Panama (1970) oversees the banking system, which was partly reformed in 1998 to discourage money-laundering schemes connected to narcotics trafficking.
The digital campaign is aimed at discouraging "money trashers" among the more than 67 million shoppers who carry the CVS ExtraCare loyalty program card.
By subsidising microfinance groups that do not need it, aid bodies and philanthropists discourage private money, which cannot compete with their soft terms.
When capital inflows are buoyant, as they were until the summer of 2011, the CBRT cuts its borrowing rate at the bottom of the corridor (the rate it pays on deposits) to discourage hot money and to cap the lira.
On this view, the way to discourage hot-money inflows was to cut government borrowing rather than maintain capital controls.
Liberal and labor groups propose a tax on financial transactions to raise money and discourage speculators, and they want to tap unspent financial bailout money from the Troubled Asset Relief Program, the government's main bailout fund.
Mr Feingold also said he would discourage others from spending money for him.
He and his associates are accused of using their power and money to discourage dissent.
France and Germany also disagree on how to leverage or maximize the $590 billion bailout fund to create a "wall of money" to discourage the markets from speculating further on Spain and Italy.
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