The Impact Of Digital Finance And Fintech On Enhancing Financial Inclusion

This research paper attempts to assess the effect of digital money on financial inclusion to ensure everyone has access to financial services. It analyses how digital money offers better cost-effectiveness and convenience to marginalised communities to empower them in help of financial inclusion. Challenges relating to the digital divide and risks of data security may restrict that progress. Fintech companies help go digital and offer services through application-driven designs on smartphone. It also focuses as to how Fintech companies (especially mobile payments, AI fraud detection) are making a difference in financial inclusion because of the ease of use. It explores as to how after the ATM boom, new technology developments started happening to finally get to blockchain and crypto. This research is very for decision-makers, to understand how Fintech, digital money and financial inclusion are related to each other it may help in building a safer and inclusive financial system.