Evaluating the Role of FinTech Innovations in Enhancing Financial Accessibility and Inclusion Across Populations
Posted: Jan 09, 2025
Abstract
The rapid evolution of financial technology has fundamentally transformed the landscape of financial services, creating new opportunities for enhancing financial accessibility and inclusion across diverse populations. Traditional banking systems have historically excluded significant segments of the global population due to various barriers including geographical limitations, minimum balance requirements, credit history prerequisites, and documentation complexities. The emergence of FinTech solutions promises to address these longstanding challenges through innovative technological approaches that redefine how financial services are delivered and accessed. This research examines the multifaceted role of FinTech innovations in promoting financial inclusion, with particular emphasis on understanding how different population segments interact with these technologies.
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