AI-Driven Biometric Solutions: Revolutionizing Financial Inclusion for Undocumented Populations

Financial exclusion persists as a global challenge affecting unbanked adults worldwide, particularly in developing economies. AI-powered biometric identification systems offer transformative solutions by providing secure, verifiable digital identities. The IncluPay system demonstrates successful implementation in refugee settings, enabling secure humanitarian aid distribution while maintaining minimal fraud rates. The integration of advanced machine learning algorithms with alternative data sources establishes creditworthiness for individuals lacking traditional documentation. This technological innovation combines offline processing capabilities, blockchain security, and privacy-preserving computation to serve marginalized populations effectively, setting new standards for inclusive financial technology solutions.

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Publication Details

Journal
Global Journal of Engineering and Technology Advances
Published
2025-06-11
DOI
https://doi.org/10.30574/gjeta.2025.23.3.0189
Primary Topic
Insurance, Mortality, Demography, Risk Management
Type
article
Field-Weighted Citation Impact
0.00
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article

AI-Driven Biometric Solutions: Revolutionizing Financial Inclusion for Undocumented Populations

Prakash Manwani
Global Journal of Engineering and Technology Advances
Insurance, Mortality, Demography, Risk Management
article

AI-Driven Biometric Solutions: Revolutionizing Financial Inclusion for Undocumented Populations

Prakash Manwani
article en

Abstract

Financial exclusion persists as a global challenge affecting unbanked adults worldwide, particularly in developing economies. AI-powered biometric identification systems offer transformative solutions by providing secure, verifiable digital identities. The IncluPay system demonstrates successful implementation in refugee settings, enabling secure humanitarian aid distribution while maintaining minimal fraud rates. The integration of advanced machine learning algorithms with alternative data sources establishes creditworthiness for individuals lacking traditional documentation. This technological innovation combines offline processing capabilities, blockchain security, and privacy-preserving computation to serve marginalized populations effectively, setting new standards for inclusive financial technology solutions.

Global Journal of Engineering and Technology AdvancesVol. 23(3)
San Jose State University (US)
Openalex Percentile: Top 78%
Insurance, Mortality, Demography, Risk Management
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