Assessing the impacts of digital impacts of Digital Finance Services on Financial Inclusion in the Americas

Abstract

This research aims to examine the diverse effects that Digital Financial Services (DFS) exerts on promoting Financial Inclusion (FI) in the Americas. Indeed, we fill the gaps explored from the literature, such as a lack of studies for both American regions, the use of classical probit and logit models by most existing studies, and the lack of employing interaction terms. This research’s primary objectives are to determine how DFS impacts FI in the region, examine which socio-economic factors significantly influence FI, and explore the interactive impacts of DFS with socio-demographic attributes on FI...