The Impact of Digital Banking on Financial Inclusion in Emerging Markets

Authors

  • Rabindranath Tagore University of Delhi
  • R.K. Narayan University of Delhi
  • Arundhati Roy University of Delhi

DOI:

https://doi.org/10.55606/iceb.v2i2.462

Keywords:

Digital banking, financial inclusion, emerging markets, economic empowerment, fintech

Abstract

Digital banking has transformed financial services, particularly in emerging markets. This paper assesses its impact on financial inclusion, focusing on accessibility, affordability, and economic empowerment. Using data from case studies in Southeast Asia and Africa, we explore how digital banking reduces barriers for the unbanked population while identifying challenges like cybersecurity and regulatory issues.

References

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Cybersecurity Ventures. (2021). Cybercrime to cost the world $10.5 trillion annually by 2025. Retrieved from https://cybersecurityventures.com

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Safaricom. (2021). M-Pesa: 2021 impact report. Retrieved from https://www.safaricom.co.ke

World Bank. (2021). Global Findex Database 2021: Financial inclusion in emerging markets. Retrieved from https://www.worldbank.org

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Published

2023-06-30

How to Cite

Rabindranath Tagore, R.K. Narayan, & Arundhati Roy. (2023). The Impact of Digital Banking on Financial Inclusion in Emerging Markets. Proceeding of The International Conference on Economics and Business, 2(2), 80–87. https://doi.org/10.55606/iceb.v2i2.462

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