Jakarta  Financial inclusion should be strengthened amid the growth of financial technology, or fintech, corporations in Indonesia, an economics expert from Padjajaran University has said.

“Financial technology is expected to be able to improve standards of living since we can conduct transactions in a more modern, easier, and efficient manner,” a lecturer from the University’s Economy and Business Faculty, Prof. Ilya Avianti, said during a webinar on the ‘Fintech Ecosystem in Indonesia’ on Saturday.

According to Avianti, financial inclusion is important since it is tied to the prosperity of citizens in a country.

The higher the financial inclusion index of a nation, the more prosperous its citizens are, she explained.

Source: ANTARA News