6 The trends in the market of digital finance
Learning objectives
- Examine the trends in the market of digital finance
- Discuss how financial services are rapidly digitizing
- Explore how the trend in digital finance represent a significant change in financial services market
- Examine the implications of these shifts for crowdfunding
- Discuss the concept of financial inclusion
Introduction
The European Commission (2020) defines digital finance as the term used to describe the impact of new technologies on the financial services industry. It includes a variety of products, applications, processes and business models that have transformed the traditional way of providing banking and financial services.
Although ...
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