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Oct13 - 20

Technology is deepening financial inclusion

KUCHING: Technology is deepening financial inclusion in emerging markets and momentum is building as new technologies come on stream and as the Coronavirus Disease 2019 (Covid-19) pandemic brings more people online, Moody’s Investors Service Inc (Moody’s) highlighted in a recent report.

“Mobile and digital technology bring basic financial services to the unbanked; data analytics and artificial intelligence provide credit to those without credit history; while cloud-based hosting services and distributed ledger technology like blockchain herald a wave of innovative, low cost products geared towards historically marginalized groups. KUCHING: Technology is deepening financial inclusion in emerging markets and momentum is building as new technologies come on stream and as the Coronavirus Disease 2019 (Covid-19) pandemic brings more people online, Moody’s Investors Service Inc (Moody’s) highlighted in a recent report. Read the complete article HERE.

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