02166cas a2200301 a 4500 AALejournalIMF023095 230101c9999 xx r poo 0 0eng d 20.00 USD 9798400208645 1018-5941 BD-DhAAL BD-DhAAL Tok, Yoke Wang. Fintech : Financial Inclusion or Exclusion? / Yoke Wang Tok, Dyna Heng. Washington, D.C. : International Monetary Fund, 2022. 1 online resource (35 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students This paper examines the role of Fintech in financial inclusion. Using Global Findex data and emerging fintech indicators, we find that Fintech has a higher positive correlation with digital financial inclusion than traditional measures of financial inclusion. In the second stage of our empirical investigation, we examine the key factors that are correlated with the Fletcher School's three digital divide - gender divide, class (rich-poor) divide and rural divide. The results indicate that greater use of fintech is significantly associated with a narrowing of the class divide and rural divide but there was no impact on the gender divide. These findings imply that Fintech alone may not be sufficient to close the gender gap in access to financial services. Fintech development may need to be complemented with targeted policy initiatives aimed at addressing the gender gap directly, and at changing attitudes and social norms across demographics. Mode of access: Internet Financial Development imf Financial Inclusion imf Fintech imf Inequality imf Heng, Dyna. IMF Working Papers; Working Paper ; No. 2022/080 Full text available on IMF https://elibrary.imf.org/openurl?genre=journal&issn=1018-5941&volume=2022&issue=080 IMF e-Library