intech’s Transformative Impact on Financial Inclusion in the UAE with Kavan Choksi
Kavan Choksi Explains How Fintech is Bridging Financial Gaps in the UAE The UAE is emerging as a hub for fintech innovation, driving financial inclusion for underserved communities. As Kavan Choksi highlights, the region’s strategic use of technology is closing gaps in access to essential financial services while fostering economic growth and resilience. Expanding Financial Access through Innovation Financial inclusion—the ability for individuals and businesses to access affordable financial products and services—is a critical enabler of economic development. In the UAE, fintech is at the center of this transformation, leveraging cutting-edge tools to address barriers such as high costs, lack of infrastructure, and limited financial literacy. Key Fintech Innovations Driving Inclusivity 1. Mobile Banking Mobile banking apps have revolutionized how people interact with financial institutions. Platforms like Mashreq Neo and Liv. are ...