Technology-driven financial inclusion: Opportunities for corporate expansion in emerging markets

Published

20-12-2024

DOI:

https://doi.org/10.58414/SCIENTIFICTEMPER.2024.15.4.41

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Issue

Section

SECTION C: ARTIFICIAL INTELLIGENCE, ENGINEERING, TECHNOLOGY

Authors

  • Dattatraya Pandurang Rane SNDT Women’s University’s, Maharshi Karve Model College for Women, Shrivardhan, Maharashtra, India.
  • Amey Adinath Choudhari SPM’s Rajashi Shahu College of Engineering, Pune, Maharashtra, India.
  • Rita Kakade ASM’s Institute of Business Management and Research, Chinchwad, Pune, Maharashtra, India.

Abstract

With increased potential for corporate expansion, especially in developing areas, the fast evolution of technology has played a crucial role in promoting financial inclusion. The influence of technology-driven financial inclusion on corporate growth in various areas is examined in this research. The research evaluates the availability of financial services made possible by digital platforms and looks at how corporations might use these advances for market expansion by examining data from 180 respondents. The results show that FinTech technologies, digital payment systems, and mobile banking have improved financial accessibility, which has stimulated economic growth and corporate outreach in underserved regions. Insights into how corporations might overcome these obstacles while optimizing their expansion plans are provided by the research, which also identifies obstacles, including insufficient technology infrastructure and legislative restrictions.

How to Cite

Rane, D. P., Amey Adinath Choudhari, & Rita Kakade. (2024). Technology-driven financial inclusion: Opportunities for corporate expansion in emerging markets. The Scientific Temper, 15(04), 3320–3330. https://doi.org/10.58414/SCIENTIFICTEMPER.2024.15.4.41

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