Publication Details
Abstract
Purpose – The main task of this evaluation is to provide a comprehensive strategy guideline that could, without any doubt, fill the void for financial exclusion by digital financial management solutions. The aim is to evaluate how digital innovations can provide a platform for the financially disadvantaged to be incorporated into the financial system through more equitable economic growth and development.
Design/Methodology/Approach – his study will deal solely with the content through a comprehensive review of related literature and case studies of successful implementations in various regions. Therefore, this study's methodology is blended in that it brings out both quantitative concerning the effects and qualitative evaluations that shed light on participation and acceptability. The framework development is iterative and inclusive, airing opinions authentic from stakeholders such as fintech startups, financial institutions, and community groups.
Findings – They concluded that building superior digital financial management systems depends on a user-oriented approach, robust regulatory environments, and inter-policy coordination among banks, tech companies, and financial government institutions. Among the outcomes are easier access to financial services, disseminated financial literacy, and historically ignored communities, i.e. economic inclusion.
Originality/Value – It also enhances understanding of the academic and practical aspects of financial inclusion technology components and regulations, as brought up in my new model. It ensures that those involved in financial inclusion are informed about the logistics and the best technology tools for implementing greater financial inclusion.