TY - GEN

T1 - New trends in financial inclusion policies: role of digital technologies and digital inclusion

AU - Dostov, Victor

AU - Shust, Pavel

AU - Khorkova, Anna

PY - 2019/11

Y1 - 2019/11

N2 - By comparing the situation with financial inclusion in developing and developed countries we look at the notion of ‘new financially excluded’. There seems to be a growing evidence that the implementation of new technologies that was seen as a universal cure for financial exclusion backfires for some social groups who cannot keep up with the pace of fintech. This means that traditional ‘more technology-more inclusion’ approach does not always work, and financial inclusion policies shall be amended to include the propositions on digital literacy and access to cash as well.

AB - By comparing the situation with financial inclusion in developing and developed countries we look at the notion of ‘new financially excluded’. There seems to be a growing evidence that the implementation of new technologies that was seen as a universal cure for financial exclusion backfires for some social groups who cannot keep up with the pace of fintech. This means that traditional ‘more technology-more inclusion’ approach does not always work, and financial inclusion policies shall be amended to include the propositions on digital literacy and access to cash as well.

KW - financial inclusion

KW - digital literacy

KW - financial literacy

KW - fintech

UR - https://www.atlantis-press.com/proceedings/ies-18/125924795

M3 - Conference contribution

T3 - Advances in Economics, Business and Management Research

SP - 502

EP - 514

BT - Proceedings of the Third International Economic Symposium (IES 2018)

A2 - Titov, Viktor

PB - Atlantis Press

T2 - Third International Economic Symposium - 2018 (IES 2018)

Y2 - 19 April 2018 through 21 April 2018

ER -