This chapter examines how blockchain technology might help achieve environmental objectives and promote financial inclusiveness. For marginalized groups, especially those in low-income and rural locations, who encounter major obstacles when attempting to use traditional banking institutions,...

Financial inclusion drives economic growth by providing essential financial services to underserved populations. Neobanks, as digital-first financial institutions, play an important part in the effort to offer low-cost and accessible banking services, filling gaps in traditional banking....

This chapter, titled Regulatory Frameworks for Inclusive FinTech Ecosystems, explores the critical role of regulation in fostering financial inclusion, enabling innovation, and addressing emerging risks within the rapidly evolving financial technology (FinTech) landscape. FinTech has...

Many jurisdictions have implemented a “sandbox” mechanism that allows financial technology firms to test their products under the supervision of financial authorities. The access requirements for these sandboxes are often quite strict, leading to fewer participants. The low number of...

Islamic financial technology (fintech) is emerging, along with the increasing adoption of digital technology and mobile phone usage. One business model of Islamic fintech gaining traction, primarily in Indonesia, is Islamic peer-to-peer (P2P) lending or Islamic fintech lending. As it is in the...

This study aims to examine the factors that facilitate the adoption of digital finance for achieving business success, specifically for SMEs. The challenges and barriers that hinder digital finance adoption and identifies relevant opportunities to harness these tools were discussed. 7 SME...

This chapter relates to mobile payments adoption in Brunei, and the introduction of foreign app Alipay in 2019 to support financial inclusion. Even with robust infrastructure (98.9% mobile coverage, 125% smartphone penetration), cash is the most prevalent mode in Brunei. A mixed-methods survey...

Financial technology (FinTech) payment tools, such as digital wallets, are becoming crucial to the digital economy. This study explores the digital wallet landscape in Brunei Darussalam, a developing nation with a growing digital ecosystem. It investigates the adoption levels of local digital...