Fintech and Financial Inclusion
Kuo Chuen LEE David,
Joseph Lim,
Kok Fai Phoon and
Yu Wang
Chapter 13 in Foundations for Fintech, 2021, pp 243-260 from World Scientific Publishing Co. Pte. Ltd.
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.
Keywords: Financial Technology; Finance; Financial Innovation; Statistics; Quantitative Methods; Ethics; Governance; Emerging Technology; Data Science (search for similar items in EconPapers)
JEL-codes: G2 O33 (search for similar items in EconPapers)
Date: 2021
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