The last few years have witnessed a rapid development in digital finance that may threaten the manner in which traditional financial services are being used. It opens up new opportunities for low-income groups and small businesses that have limited or no access to formal financial services....

Financial inclusion is a necessary condition for the population to get access to credit. Despite the efforts made by governments and policy makers, the rate of financial inclusion in Sub-Saharan African (SSA) countries remains low. The internet can be one of the options to increase the rate of...

Strategies to monetize personal data have created opportunities for business innovation, including companies for credit ranking, marketing strategies, public health surveillance, and even penalty and reward mechanisms. Innovative credit scoring (ICS), which uses non-traditional personal data to...

The aim of the study was to establish the significance of the individual components of insurance literacy - knowledge, skills, attitude and behaviour - in explaining insurance inclusion in Uganda. The study was correlational and cross-sectional by design. Hence, 400 responses were obtained from...

Financial literacy, financial inclusion, FinTech, and the UN Sustainable Development Goals (SDGs) have so far only been examined in pairs or individually. A consideration of all four points with their interrelationships and impacts has been lacking. With the help of a deductive argumentative...

The key driver of India s vision of an inclusive economy is Financial Inclusion. Inclusive growth aims at including everyone, more so the excluded class in the process of development. It is the holistic development process on the foundations of equity and justice. It seeks to cement the...

The key driver of India s vision of an inclusive economy is Financial Inclusion. Inclusive growth aims at including everyone, more so the excluded class in the process of development. It is the holistic development process on the foundations of equity and justice. It seeks to cement the...

The key driver of India s vision of an inclusive economy is Financial Inclusion. Inclusive growth aims at including everyone, more so the excluded class in the process of development. It is the holistic development process on the foundations of equity and justice. It seeks to cement the...

The extent to which households are financially included may influence central banks’ operation of monetary policy. In such cases, authorities will not need to adjust interest rates as aggressively to key macro variables to have the necessary impact on the economy. Using data for 47 emerging...

The purpose of this study is to complement extant literature by examining how mobile money innovations can moderate the unfavorable incidence of female unemployment on female doing of business in 44 countries from sub-Saharan Africa for the period 2004 to 2018. The empirical evidence is based on...

Endorsing financial inclusion as a valued goal in India’s inclusive and sustainable development plan, the RBI and governments at various levels have developed and implemented a multipronged financial inclusion strategy and initiatives during the last two decades. Previous literature analyses...

Currently, only 71% of adults in the global South have real access to financial services, compared to 96% in the developed world. Financial inclusion has been identified as one of the most potent factors lifting people out of poverty and enabling development and well-being. As a result, access...

The objective of this article is to define the financial inclusion expectation gap, offer some insight into the nature and the causes of it, and suggest ways to reduce the gap. The discussion in the article provides helpful insights into this problem towards achieving the United Nations...

Recognizing the role of society in the sustainability of payment system innovation through the quadruple helix framework, this study analyzes the causal influence of demand-side financial inclusion indicators on society's uptake of digital payment solutions (DPS) within the regional economy of...

The primary objective of this study is to unveil the impact of FinTech through financial development, financial inclusion, and institutional quality on the inclusive growth of 25 developing countries in Asia. To serve this purpose, the Human Development Index (HDI), the dependent variable, has...

The present study investigates how increasing bank accounts and bank concentration affect mobile money innovations in 148 countries. It builds on scholarly and policy concerns in the literature that increasing bank accounts may not be having the desired effects on financial inclusion on the one...

Many research studies have been done to investigate the subject of financial inclusion. However, there has been no recent study on the impact of FinTechs on Financial Inclusion in Kenya. This study investigates how FinTechs have affected Financial Inclusion in Kenya based on FinTech and...

Boosting financial inclusion is one of the main motivations for issuing retail central bank digital currencies (CBDCs) among developing economies. In this paper, we develop a model incorporating the impact of financial inclusion to study the implications of introducing CBDC. One of the most...

This study assesses how corporate telecommunication (telecom) policies follow telecom sector regulation in mobile money innovation for financial inclusion in developing countries. Telecom policies are understood in terms of mobile subscriptions, mobile connectivity coverage and mobile...

The study examines the effect of electronic banking on financial inclusion in Nepal. Financial inclusion is the dependent variable. The selected independent variables are automated teller machine, point of sale terminal, internet banking, mobile banking, and agency banking. The primary source of...

Using a dynamic panel data analysis, we explore the factors influencing financial inclusion in Sub-Saharan Africa (SSA) and countries belonging to the Organization for Economic Co-operation and Development (OECD). We employ the System Generalized Method of Moments (GMM) estimator and assess 31...

Financial inclusion is a necessary condition for the population to get access to credit. Despite the efforts made by governments and policy makers, the rate of financial inclusion in Sub-Saharan African (SSA) countries remains low. The internet can be one of the options to increase the rate of...

Financial inclusion involves the provision of basic formal financial services to members of society. Policy efforts and collaboration with the private sector have helped to increase the level of financial inclusion in many countries. Such efforts give rise to net winners and net losers from...

The study examines how mobile money innovations transform unemployed women to self-employed women. The empirical evidence is based on interactive quantile regressions focusing on data in 44 countries from sub-Saharan Africa for the period 2004 to 2018. The hypothesis that mobile money...

This briefing paper reports the findings of a specially commissioned survey developed to supplement the tenth Financial Inclusion Monitor, published on the 6 December 2022. In order to gather up-to-date information on how people were managing financially, their experiences over the previous year...

Despite the concerted efforts being made at the global, regional, and national levels to reduce child poverty, children in resource-poor countries continue to experience deprivations in multidimensional forms. This study examines the link between parental financial inclusion and multidimensional...

This paper analyses the association between financial inclusion and environmental sustainability. The study uses Pearson correlation analysis to analyse the association between financial inclusion and environmental sustainability. The level of financial inclusion was measured using two...

The seventeen United Nation Goals has been framed to construct a sustainable world for all the deprived section of the society. Especially for the women empowerment through the financial inclusion it is very important that they should be educated toward the availability of the financial amities....

The challenge of financial inclusion is among the most intractable policy problems in banking. Despite being the world’s wealthiest economy, many Americans are shut out of the financial system. Five percent of households lack a bank account, and an additional thirteen percent rely on expensive...