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Harnessing Financial Technology Towards Advancing Financial Inclusion

Financial inclusion has been increasingly recognized as an integral component in fostering inclusive development goals. Enabling access of the poor to basic financial services opens numerous opportunities for them, thus facilitating poverty reduction. The World Bank (2017) defines financial inclusion as a state where “individuals and businesses have access to useful and affordable financial products and services that meet their needs – transactions, payments, savings, credit and insurance – delivered in a responsible and sustainable way.”


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