The Promise of Fintech: Financial Inclusion in the Post COVID-19 Era
Departmental Papers, July 1, 2020
Source details
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- The Promise of Fintech: Financial Inclusion in the Post COVID-19 Era
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Bibliographic details
- Authors: Ratna Sahay, Ulric Eriksson von Allmen, Amina Lahreche, Purva Khera, Sumiko Ogawa, Majid Bazarbash, Kimberly Beaton
- Published: July 1, 2020
- Series: Departmental Papers
- DOI: https://doi.org/10.5089/9781513512242.087
Summary
- Technology is changing the landscape of the financial sector, increasing access to financial services in profound ways.
- These changes have been in motion for several years, affecting nearly all countries in the world.
- During the COVID-19 pandemic, technology has created new opportunities for digital financial services to accelerate and enhance financial inclusion, amid social distancing and containment measures.
- At the same time, the risks emerging prior to COVID-19, as digital financial services developed, are becoming even more relevant.
Major themes and subject areas
- COVID-19
- Financial inclusion
- Financial markets
- Financial services
- Fintech
- Health
- Mobile banking
- Technology
Keywords highlighted by the publication
- COVID-19
- credit market
- DP
- DPPP
- Financial inclusion
- Fintech
- Fintech companies in the United States
- Fintech company
- fintech lender
- Global
- Mobile banking
- payment service
- supervised fintech company
- use of big data