FinTech and Financial Inclusion is a comprehensive edited volume exploring the transformative impact of financial technology on expanding access to financial services and fostering sustainable economic development. This collection brings together insights from leading scholars and practitioners across 20 chapters, offering a multifaceted examination of fintech innovations and financial inclusion globally.
The book covers key topics such as the role of financial and digital literacy, fintechs impact on financial systems and economic growth, and case studies from countries like Ghana and India. It delves into technological aspects of fintech, including artificial intelligence (AI) in banking and social media in financial education, while also addressing trends, challenges, and opportunities in fintech adoption. The volume doesnt shy away from ethical considerations and risks associated with fintech, exploring issues of security, privacy, and trust in digital finance. Gender equality in financial inclusion receives significant attention, with a focus on empowering women through financial access. Throughout, the book provides a balanced mix of theoretical frameworks, empirical studies, and practical insights, making it an invaluable resource for academics, policymakers, fintech entrepreneurs, and financial sector professionals.
By bringing together various perspectives, this volume enhances our understanding of how technological innovations can create more inclusive and sustainable financial systems worldwide, addressing both the transformative potential of fintech and the challenges for responsible implementation in diverse economic contexts. The core readership includes researchers, students, policymakers, and stakeholders involved in various aspects of finance, technology, sustainability, and policy. It serves as a guide for those looking to understand the practical applications of blockchain in driving environmental change and offers a visionary outlook on the technologys potential to reshape industries sustainably.
List of Figures and Tables
List of Contributors
Preface
1 Role of Financial and Digital Literacy in Inclusive Finance and Sustainable Development
PRIYA GROVER, NIDHI PHUTELA, AND DR. WENDY GUESS
2 Financial Inclusion as a Pathway to Sustainable Economic Development in Ghana: Is More Financial Inclusion Better?
ISAAC APPIAH-OTOO
3 Digital Transformation in India: A Case Study of Enactment of Artificial Technology in Indian Banks
POONAM MAHAJAN, PRIYANKA CHUGH, AND MUNISH GUPTA
4 Fintech Integration in Forex and Stock Markets: Exploring Dynamic Relationship in the Indian Stock Market
NILESH ARORA, SUDHIR RANA, ABHAY GROVER, POOJA SHARMA, AND AZMAWANI ABD RAHMAN
5 Role of Social Media: Evaluating Accessibility and Interactivity Relevance in Financial Education Content
RUCHIR SAXENA, SUDHINDER SINGH CHOWHAN, AND POOJA SAXENA
6 Fintech and Financial Inclusion: Trends and Challenges
RATINDER KAUR, SARBJEET KAUR, AND ARVINDER KAUR
7 A STEEP Analysis of the Fintech Adoption of the Financial Industry
YESIM SENDUR
8 Building Blocks for Inclusive and Innovative Financial Technology: Evidence from Entrepreneurial Firms in Emerging African Economies
PATIENT RAMBE
9 The Promise and Perils of Machine Learning in Finance
JYOTI THAKUR AND RANJEET KAUR
10 Fintech in Managing Emotional Behavioral Biases on Investment Decision-Making
KESU SINGH, SATINDER PAL SINGH, AND NITIN PATHAK
11 Role of Digital Education in Financial Literacy: A Bibliometric Analysis and Future Research Agenda
PRITPAL SINGH BHULLAR, GURDAS SINGH, GAGANDEEP SINGH, AND DR. PARDEEP GUPTA
12 Financial Inclusion: A Catalyst for Sustainable Development and Economic Empowerment
BASANTI TUDU, PARIKSHITA KHATUA, AND LIJI PANDA
13 Charting the Fintech Frontier: Transformative Technologies for Sustainable Industries
MONISHA J, ANITHA K, AND PONMURUGAN PANNEER SELVAM
14 Investigating Factors Inducing the Acceptance of e-banking Lounge Services in Metro Cities of North India
ANOOP MOHANTY, AMARJIT SINGH, AND MUZZAMIL REHMAN
15 Security, Privacy, and Trust in Fintech
WASSWA SHAFIK
16 Empowering Women through Financial Access and Digital Payments in Southern Rajasthan: An Empirical Analysis
NEELAM SONI AND VIKAS SHARMA
17 Exploring the Roots of Gender Inequality in Digital Payments Utilisation in Tanzania
STEVEN LEE MWASEBA, EMMANUEL SIMON MWANGONDA, AND DAVID NGWILIZI
18 Priority Sector Lendings Impact Appraisal on Sales and Profit: A Financial Inclusion Outlook in Context of India
TEJINDER SINGH, VIKAS SHARMA, RUCHI MALHOTRA, AND NAVLEEN KAUR
19 Artificial Intelligence, Fintech, and Financial Inclusion in African Digital Space
BASIL OSAYIN DAUDU, GODDY UWA OSIMEN, AND ABDULRASHEED TOYIN ABUBAKAR
20 Fintech: Foundations, Applications, and Future
SIMARJEET SINGH AND KIRTI SOOD
Index