Fintech development and savings, borrowing, and remittances: A comparative study of emerging economies

被引:33
作者
Lyons, Angela C. [1 ]
Kass-Hanna, Josephine [2 ]
Fava, Ana [3 ]
机构
[1] Univ Illinois, Urbana, IL 61801 USA
[2] St Joseph Univ Beirut, Fac Business Adm & Management, Campus Social Sci,Huvelin St, Beirut 11042020, Lebanon
[3] Fed Univ ABC UFABC, Rua Arcturus 03, BR-09606070 Sao Bernardo Do Campo, SP, Brazil
关键词
Fintech; Digital financial services; Financial inclusion; Emerging economies; Vulnerable populations; Financial security; FINANCIAL INCLUSION; MOBILE MONEY; BANKING;
D O I
10.1016/j.ememar.2021.100842
中图分类号
F8 [财政、金融];
学科分类号
0202 ;
摘要
Fintech is rapidly changing the financial landscape, especially in the post-COVID era. This study uses data from the world's first global ranking of fintech ecosystems, the Global Fintech Index (GFI), to investigate the linkages between fintech development and demand for savings, borrowing, and remittances for 16 of the world's largest emerging economies. Our results find a consistently strong and positive relationship between fintech development and financial inclusion. However, considerable heterogeneities persist across population groups and regions. Evidence also suggests that access may not translate to greater usage of financial services. The findings have important implications for future models of financial inclusion looking to harness the power of fintech.
引用
收藏
页数:23
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