This Focus Note explores innovative financing strategies for reaching inclusive credit fintechs in Africa, particularly those targeting underserved micro and small enterprises (MSEs). These fintechs have the potential to address the estimated US$ 4.9 trillion global credit gap for MSEs. However,...

This study examines the role of science and technology finance (S&TF) and Industry 4.0 innovations in promoting sustainable transformation in China's copper mining industry, with a focus on reducing carbon emissions. Using panel data from 30 Chinese provinces spanning 2011 to 2020, we apply...

In this paper, we analyze the impacts of financial innovation and financial deepening on the economic growth of 14 sub-Saharan African (SSA) countries from 1995 to 2023. The autoregressive distributed lag (ARDL) approach and error correction model (ECM) were used to assess short- and long-run...

The goal of inclusive development places financial inclusion at the forefront of sovereign development policies, particularly in economies that are investing in digital technologies. Despite the world's progression towards technology, there is minimal empirical evidence of how efficient these...

Amidst the escalating geopolitical fragmentation of the global financial system, divergent stablecoin architectures are emerging. This study employs Qualitative Comparative Analysis (QCA) and introduces a formalized 'Geopolitical Stablecoin' (GPSC) model to conduct a systematic comparison of...

This paper examines the relationship between traditional gold (XAU) and its tokenized counterparts (PAXG and XAUT), providing an empirical assessment of how digital representations of real-world assets align with their underlying benchmarks. Using multi-year time series data, the study evaluates...

Monetary policy and central banks faced significant challenges in recent decades, like the Great Recession and the 2008-2009 financial crisis, and the Global Inflation Surge of 2021-2022. The introduction of blockchain technology triggered major financial innovations. Nevertheless, the adoption...

The recent surge in global financial and patent innovations and rising CO2 emissions in the global energy sector have drawn significant attention to China's transportation industry. This study examines how financial innovations (FINI), patent innovations (PTIN), and bioenergy (BIOE) affect CO2...

Small-scale wind turbines are essential energy sources for hospitals because they have several advantages, such as lower maintenance costs and the possibility of customization. However, small-scale wind energy projects often have high capital requirements. Many factors affect the performance of...

Financial integration plays an important role in fostering global economic growth. Energy demand, technology transfer, sustainable production, and climate change have emerged as key drivers of sustainable development. This study explores the influence of financial integration, bolstered by...

This study examines the influence of microfinance institutions' (MFIs) financial innovation on structural transformation. For this purpose, we considered a household survey from Nepal. The survey collected data on various individual and household characteristics, borrowing patterns, and...

One of the most significant recent developments in the debt financing sector pertains to new products and standards applicable to sustainability-related issues. Therefore, research on this has increased substantially. One of the most recent such developments is that of sustainability-linked...

In the context of rapid advancements in financial technologies and the evolving demand of the digital economy, this study explores the transformative impact of FinTech and artificial intelligence (AI) on the banking sector, with a particular focus on payment systems. By examining innovative...

This article consists of a systematic analysis of a large sample of the first purchasers of annuities issued by the urban governments of Catalonia between the years 1313 and 1367. Based on preliminary literature on the subject, it gathers, describes, and contextualizes, both from the point of...

This study compares the sustainability of financial innovation, development, and economic growth in India and China, considering macro-economic factors like globalization, inflation, and monetary policies. It addresses the impact of financial development on sustainable economic growth by...

Access to finance is crucial for achieving sustainability goals, especially for poor and developing countries in the global south. However, traditional financial instruments often fall short to support the desired goals. This study explores the potential of a new modality of financing that...

This paper examines how housing tokenization is discursively framed in Chile's digital public sphere, assessing whether it promotes affordability or reinforces financialization. Using a methodology that combines natural language processing, topic modeling, sentiment analysis, and semantic...

Necessary actions should be taken to ensure stock market efficiency; thus, financial innovation-based criteria that affect stock market efficiency should be improved. However, simultaneously improving all criteria is difficult; therefore, performing priority analysis is important for carrying...

High costs, technical difficulties, and policy uncertainties are the main challenges in carbon capture technology investments. Therefore, innovative financial products are required to develop projects that overcome these difficulties. Some issues must be considered when developing innovative...

Pension fund must consider some significant issues when making renewable energy project investment decisions. It is necessary to determine the most important factors and prioritize the indicators. Accordingly, the purpose of this study is to conduct a priority analysis of the determinants of...

Mergers and acquisitions (M&A) with financial technology (fintech) companies can be an effective way for firms to obtain new technologies and capabilities. However, the market reaction to fintech M&A announcements has received limited attention in the empirical academic literature. This study...

Corporate social responsibility (CSR) in Africa has long been shaped by philanthropic and compliance-oriented practices, yet firms are increasingly embedding sustainability within their core business models. This paper examines CSR transformation in Tanzania through a comparative analysis of...

Data sharing has become a transformative force in the global financial ecosystem, driving the evolution from open banking to open finance. In this study, we develop a diffusion model using evolutionary game theory on complex networks to explore how data sharing influences lenders' micro-level...

This report provides a retrospective of the six G20 TechSprint editions spanning from 2020-2025. To support this retrospective, a survey was conducted among G20 TechSprint winners to capture their experiences, insights and observations. Their feedback provides valuable perspectives on how the...

China's global development finance is undergoing a major transformation. As domestic reforms and borrower debt risks rise, Chinese financial institutions are shifting how they finance projects abroad-especially in Africa, where they've long played a major role. This report explores how China is...

In many countries which undergone an economic transition from centrally planned to market economy in Europe, the state old-age pension is the main source of income in retirement. However, replacement rates from public pension schemes have been decreasing. Therefore, supplementary savings for...

This study refines the technology acceptance model (TAM) to explore the determinants of financial innovation or financial technology (Fintech) adoption and their impact on use behavior, particularly in the context of financial inclusion. It investigates how these drivers differ between urban and...

The rapid digital transformation of the financial sector has driven supervisory authorities to develop new tools for engaging with fintech innovation. Among these, Innovation Hubs have become essential mechanisms for improving regulatory dialogue, interpretive clarity, and institutional...