@inbook{a0cd79f8b4c14591ab64d957d4513079,
title = "The Development of FinTech Ecosystems in Emerging Markets: A Study on Mobile Money and Financial Inclusion in the Kingdom of Bahrain",
abstract = "Financial technology, commonly referred to as FinTech, is gaining widespread recognition for its role in advancing financial inclusion within developing countries. These innovative ecosystems are particularly noteworthy in places like Bahrain, where FinTech is not only flourishing but also contributing significantly to theory development in the field of digital finance. FinTech is universally acknowledged as a pivotal force in enhancing financial inclusion, particularly within developing countries. Despite this recognition, there is a scarcity of theoretical exploration regarding the collaborative dynamics between pioneering FinTech startups and established financial institutions within these vibrant ecosystems. Our research embarks on a journey to develop theory through an in-depth case study conducted in Bahrain—a nation emblematic of the GCC region{\textquoteright}s surge in FinTech innovation—which has unlocked unprecedented avenues for expanding financial access. This study offers a conceptual framework delineating three foundational practices at the ecosystem level that are instrumental in enabling both incumbents and new entrants to collaboratively sculpt the landscape of financial inclusion.",
author = "Layla Alhalwachi and Bassam Bukhowa and Fajer Danish and Nader Alkhater and Zainab Zainaldeen and Malak Eshaq and Muaeyd Aldhamin",
year = "2024",
month = dec,
day = "25",
doi = "10.1007/978-3-031-71526-6_20",
language = "English",
isbn = "9783031715259",
volume = "1",
series = "Studies in Systems, Decision and Control",
publisher = "Springer, Cham.",
pages = "227--237",
editor = "AlDhaen, {Esra } and Braganza, {Ashley } and Hamdan, {Allam } and Chen, {Weifeng }",
booktitle = "Business Sustainability with Artificial Intelligence (AI)",
}