IDEAS home Printed from https://ideas.repec.org/a/heq/heqrev/v1y2026i2a2.html

When the Platform Becomes the Bank: Embedded Finance, Artificial Intelligence, and the Politics of Inclusion in the Global South

Author

Listed:
  • Olaniyi Evans

Abstract

Financial services across the Global South are being structurally reorganised. Embedded finance and artificial intelligence are dismantling the bank-as-destination model, inserting credit, payments and insurance into the ambient layer of digital commerce. Drawing on comparative evidence from Southeast Asia, Latin America and Africa, this note examines the structural drivers, regulatory architectures and investment implications of this transition. The central finding is that technology amplifies institutional quality: where governance is credible and public digital infrastructure is sound, embedded finance generates genuine inclusion; where it is absent, it deepens dependency.

Suggested Citation

  • Olaniyi Evans, 2026. "When the Platform Becomes the Bank: Embedded Finance, Artificial Intelligence, and the Politics of Inclusion in the Global South," Hequation Review, Hequation, vol. 1(2), pages 7-12.
    • Handle: RePEc:heq:heqrev:v1y2026i2a2
    DOI: 10.6084/m9.figshare.32340861
    as

    Download full text from publisher

    File URL: https://doi.org/10.6084/m9.figshare.32340861
    Download Restriction: no
    File URL: https://libkey.io/10.6084/m9.figshare.32340861?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    More about this item

    Keywords

    ;
    ;
    ;
    ;
    ;

    JEL classification:

    • F36 - International Economics - - International Finance - - - Financial Aspects of Economic Integration
    • O33 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Technological Change: Choices and Consequences; Diffusion Processes
    • O16 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Financial Markets; Saving and Capital Investment; Corporate Finance and Governance
    • G28 - Financial Economics - - Financial Institutions and Services - - - Government Policy and Regulation
    • G21 - Financial Economics - - Financial Institutions and Services - - - Banks; Other Depository Institutions; Micro Finance Institutions; Mortgages

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:heq:heqrev:v1y2026i2a2. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Olaniyi Evans (email available below). General contact details of provider: https://hequation.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.