Recent innovations in digital financial technologies (FinTech) have called into question the role of FinTech in financial development. This study examines FinTech's direct and conditional effects on financial development using data from emerging and developing economies. Three measures of...

Despite the notable progress made in the development of digital financial services in sub-Saharan Africa, no comprehensive measure is currently available to quantify this progress. Therefore, we constructed a digital financial inclusion index using a parametric approach. Our findings show an...

This study employs the panel vector autoregression model to investigate how digital financial inclusion (DFI), technological advancement, environmental conditions, and economic growth are interconnected in 16 low financial development countries (LFDCs) and 29 high financial development countries...

The study analyzes the impact of fintech adoption on the banking sector's stability in GCC countries from 2010 to 2022. The study also considers the role of fintech regulations in this framework. We construct an index of fintech adoption by banks by considering several factors such as banks'...

While other countries have implemented mobile money very early with promising results, Vietnam, a bank-based country, only started the pilot implementation in November 2021. By the end of the pilot period, the percentage of people with mobile money accounts still needs to reach expectations. In...

The study develops a comprehensive scale of trust in the financial system, to account for its various dimensions. A multistage approach is adopted in the study for this purpose. After reviewing relevant literature and conducting focused group discussions, we collected data from investors through...

Using data from the World Value and Financial Access Surveys from 2010 to 2021 in 13 countries in the Middle East and North African (MENA) region, this study investigates the nonlinear impact of general trust (GT) and confidence in banks (CIB) on financial inclusion (FI). In addition, it...

The study examines the intention of stock investors to adopt robo-advisers (also known as automated investing services) in financial investment decisions. Using an adapted questionnaire, we analyze data from 637 useable surveys. The study uses variance-based partial least squares structural...

Covid-19 and the unprecedented surge in financial technology contributed to unexpected financial challenges, affecting the relevance of financial decision making and perceived financial well-being. This paper examines the mediating effects of digital financial literacy, financial autonomy,...

Financial inclusion is an important component of financial development because it provides low-cost financial services to people and, hence, fosters economic growth. This research assesses the asymmetric relation between financial inclusion and economic growth in the top ten financially...