Financial inclusion and financial technology: Finance for everyone?

Gerhard Kling* (Corresponding Author), Lihui Tian

*Corresponding author for this work

Research output: Contribution to journalArticlepeer-review

5 Citations (Scopus)
4 Downloads (Pure)

Abstract

Due to technological advances, financial services have been transformed, exhibiting increased competition and market entries by non-banks. In particular, in China FinTech has seen rapid growth with Tech Giants such as Alibaba (Ant Group) rewriting the rules of banking and finance in the twenty-first century. More convenient forms of banking (e.g. mobile banking) promise better access to finance and financial inclusion for poorer households. The merging of finance and technology (e.g. machine learning, artificial intelligence) creates opportunities – but also risks. The special issue on ‘Financial Inclusion and Fintech' provides empirical evidence and theoretical underpinnings to explore the role of FinTech in the context of financial inclusion.
Original languageEnglish
Pages (from-to)1-2
Number of pages2
JournalEuropean Journal of Finance
Volume28
Issue number1
Early online date6 Oct 2021
DOIs
Publication statusPublished - 1 Jan 2022

Bibliographical note

We are very grateful for the financial support provided by the ESRC and NSFC (Newton Fund). This paper is part of the research
project entitled ‘Research on China’s Financial System towards Sustainable Growth: The Role of Innovation, Diversity and Financial
Regulation’ (ESRC: ES/P005241/1 and the National Natural Science Foundation of China: 71661137002. In addition, this research
was supported by the National Social Science Foundation of China (Project Number: 17ZDA071).

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