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Fintech and Financial Inclusion

In: Foundations for Fintech

Author

Listed:
  • David, Kuo Chuen LEE
  • Joseph LIM
  • Kok Fai PHOON
  • Yu WANG

Abstract

Technological innovations are transforming the way financial services are provided. This phenomenon is commonly known as “Fintech”. Some researchers have termed this wave of transformation as the “Fourth Industrial Revolution”. Regardless of the terminology, fintech does have a profound impact on our society. This introductory chapter first introduces various advantages of fintech, such as LASIC and financial inclusion. Following this, specific case studies on the application of fintech by companies will be discussed to offer a more comprehensive view of fintech applications.

Suggested Citation

  • David, Kuo Chuen LEE & Joseph LIM & Kok Fai PHOON & Yu WANG, 2021. "Fintech and Financial Inclusion," World Scientific Book Chapters, in: David Kuo Chuen Lee & Joseph Lim & Kok Fai Phoon & Yu Wang (ed.), Foundations for Fintech, chapter 13, pages 243-260, World Scientific Publishing Co. Pte. Ltd..
    • Handle: RePEc:wsi:wschap:9789811238819_0013
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    More about this item

    Keywords

    Financial Technology; Finance; Financial Innovation; Statistics; Quantitative Methods; Ethics; Governance; Emerging Technology; Data Science;
    All these keywords.

    JEL classification:

    • O33 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Technological Change: Choices and Consequences; Diffusion Processes
    • G2 - Financial Economics - - Financial Institutions and Services

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