Open AccessExploring the Development of Financial Inclusion in the Context of Financial Technology
Author(s) -
Ziyi Cheng
Publication year - 2021
Publication title -
proceedings of business and economic studies
Language(s) - English
Resource type - Journals
eISSN - 2209-265X
pISSN - 2209-2641
DOI - 10.26689/pbes.v4i4.2394
Subject(s) - financial inclusion , financial services , poverty , vitality , inclusive growth , geography of finance , finance , context (archaeology) , access to finance , microfinance , business , financial system , economics , financial regulation , economic growth , paleontology , philosophy , theology , biology
The concept of inclusive finance was proposed and promoted by the United Nations in 2005 with the main purpose of providing services for those who lack good financial services while promoting the economic growth of family enterprises and eliminating social poverty as well as inequality. With the innovation of financial technology and its application in the field of financial inclusion, the new inclusive finance has shown strong vitality and great prospects in recent years. It provides certain ideas and directions for the development of inclusive finance in the banking industry.