Competitions as a Way to Encourage Innovation for Financial Inclusion

As with almost every aspect of our lives, commerce is also seeing digitization at various levels. Today, electronic money is being used for transactions worldwide and access to digital finance and electronic payments is soon becoming a necessity. The inclusion of all sections of society in this arena, especially in emerging economies, will become absolutely necessary for global economic stability in the long term.

Digital financial services in the field of payments, credit, savings and insurance, enabled by mobile phones or other forms of t ...

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