Fintech as a positive enabler during COVID-19 in Bangladesh

Ahmed, Nova, Saha, Anik, Ahmed, Md. Sabbir, Sinha, Anik, Rony, Rahat Jahangir ORCID: https://orcid.org/0000-0001-5788-2145, Khan, Syeda Shabnam, Amir, Shajnush, Hasan, Tanvir and Islam, Gazi Fakhrul 2022. Fintech as a positive enabler during COVID-19 in Bangladesh. Journal of BANGLADESH STUDIES 24 (2) , 2.

Preview

PDF - Published Version Download (604kB) | Preview

Abstract

The COVID-19 pandemic has disrupted every sphere of life and adversely affected low-income and marginalized communities. They suffered due to loss of income and inadequate points of contact for seeking support. This qualitative study covers 313 participants from urban, semi-urban, and rural areas of eight geographical divisions of Bangladesh. Participants from different economic backgrounds were included to better explore the role of financial technology (fintech) during the pandemic. The study shows that fintech improved people’s lives in Bangladesh by adding utility through cashless transactions, creating opportunities for innovative business solutions, and serving as a financial institution for marginalized communities. The study also shows that many participants did not have regular access to digital technology and were deprived of the opportunities fintech provides. The study demonstrates how fintech can add convenience to the continuation of life and livelihood during disruptive disasters such as the COVID-19 pandemic and concludes that community outreach is needed to link all walks of society to the internet

Item Type:	Article
Status:	Published
Schools:	Computer Science & Informatics
Publisher:	Bangladesh Development Initiative
ISSN:	2771-5086
Date of First Compliant Deposit:	4 March 2024
Date of Acceptance:	10 October 2022
Last Modified:	29 Apr 2024 01:30
URI:	https://orca.cardiff.ac.uk/id/eprint/166811

Actions (repository staff only)

Edit Item