How Financial Technology Can Enhance Inclusive Finance

Shuyi Li ()
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Shuyi Li: Jilin University, College of Business and Management

A chapter in Proceedings of the 2025 International Conference on Financial Innovation and Marketing Management (FIMM 2025), 2025, pp 110-121 from Springer

Abstract: Abstract The article explores the mechanism of financial technology to enhance the development of inclusive finance and analyzes its impact and challenges. Low efficiency and insufficient coverage of the traditional financial system have created the problems of high cost and difficulty in fulfilling the needs of micro, small and medium-sized enterprises (MSMEs) and disadvantaged groups. Technologies such as big data, artificial intelligence and blockchain have lowered the service threshold and improved efficiency and popularity. The study points out that fintech reduces costs, enhances financial stability and promotes product innovation through mechanisms such as intelligent risk control and blockchain applications. Financial services cover remote areas and disadvantaged groups. However, technology application faces the challenges of high infrastructure requirements and continuous innovation. The government needs to formulate policies to enhance privacy protection, data security and the operationalization of specific measures. The article combines China’s digital financial inclusion development cases with international experience to provide targeted recommendations for governments, financial institutions and technology companies to promote deep integration and sustainable development.

Keywords: Financial Technology; Inclusive Finance; Big Data; Artificial Intelligence; Blockchain (search for similar items in EconPapers)
Date: 2025
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Persistent link: https://EconPapers.repec.org/RePEc:spr:advbcp:978-94-6463-874-5_15

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DOI: 10.2991/978-94-6463-874-5_15

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