WebJan 3, 2024 · The truth is, competition and efficiency within the banking sector have direct social and welfare impact. Competition in banking leads to financial inclusion. And financial inclusion is recognised ... WebFeb 19, 2024 · Cross-country evidence has suggested that banks in high-income economies appear to have been the digital leaders, likely benefiting from a sound digital infrastructure, a strong legal and business environment, and healthy competition. Nonetheless, some digital leaders may fall behind in the coming years in adopting newer technologies due to ...
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