Based on a review of existing literature, the authors find that the global gender gap in digital financial inclusion is 11 percent points and the rich-poor gap is 15 percent points. They then perform a regression analysis drawing from a wide range of datasets on digital financial inclusion; traditional financial inclusion; proxies for financial technology (fintech) such as fundraising; and measures of the digital divide by gender, income, and urban versus rural. The three main results are:
Tag: IMF
MICROFINANCE PAPER WRAP-UP: “Fintech and Financial Inclusion in Latin America and the Caribbean,” by Dmitry Gershenson et al, Published by International Monetary Fund
This paper examines financial technology (fintech) in Latin America and the Caribbean (LAC), particularly: (1) whether fintech can increase financial inclusion; and (2) best practices for governments seeking to use fintech to do so. Among the challenges is that
MICROFINANCE PAPER WRAP UP: “The Bali Fintech Agenda: A Blueprint for Successfully Harnessing Fintech’s Opportunities;” published by International Monetary Fund (IMF), World Bank Group
This is a summary of a paper published by the International Monetary Fund (IMF) and the World Bank Group; October 2018; 43 pages; available at:
http://www.findevgateway.org/sites/default/files/publication_files/pp101118-bali-fintech-agenda_1.pdf
The authors of this paper, whose title refers to its release at a conference in Bali, Indonesia, argue that financial technology (fintech) offers emerging markets both opportunities and risks, including risks to “financial