FinTech

Fintech has the potential to enhance financial inclusion and welfare for low-income migrants, but its benefits may be limited for migrants with lower financial literacy.

Digital credit does not appear to systematically improve lives, while the lack of transparency raises serious concerns about predatory lending

While their location in the payment chain gives payment fintechs a debt-enforcement advantage, borrower behaviour can limit their success

Tech developments have made many things more efficient, convenient and cheaper — but there’s also a downside