THE ROLE OF FINTECH COMPANIES AND TRADITIONAL BANKS IN INCREASING FINANCIAL INCLUSION
Keywords:
financial inclusion, fintech companies, traditional banks, digital financial services, mobile banking, microcredit, gender inequality, open banking, financial literacy, regulatory innovationAbstract
This article examines the role of fintech companies and traditional banks in increasing financial inclusion. The study analyzes global financial inclusion indicators, examines the gender gap and examines the growth of digital financial services. The article analyzes the strategies of fintech companies and traditional banks in increasing financial inclusion, their cooperation models and comparative advantages. Barriers to financial inclusion, the impact of the COVID-19 pandemic and future trends are also discussed. The results of the study show that cooperation between fintech and banks, support of governments and innovative solutions are important factors for increasing financial inclusion.
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