Digital financial inclusion in Iraq: reality, challenges, and investigation requirements

Abstract

Societies have witnessed rapid and massive digital growth and development in the production and use of high-speed smart digital devices that increase data processing capacity, accelerate artificial intelligence and bring about unprecedented developments and changes in production processes, and in a way that contributed to changing the face of the global economy towards digital transformation and transformation of vital sectors  to work models that rely on highly accurate and sophisticated digital technologies.  These changes in digital technologies from collecting, storing, exchanging and using information have achieved wide spread and for all members of modern societies societies of knowledge and digital transformation, which requires their application of tools and a financial system characterized by inclusiveness and equality between segments and groups of society without discrimination and discrimination. This is imposed by financial inclusion and the possibility for everyone to use modern financial tools quickly and easily in order to achieve economic and social integration and achieve comprehensive development goals. And for the purpose of keeping pace with global economic development, including the ways and means to achieve the requirements of financial inclusion, many developing countries, including Iraq, had to enter into the scope of the strenuous pursuit to meet the challenges facing financial inclusion, and in the same direction achieve its implementation requirements. Therefore, the research came in order to clarify the digital transformation in Iraq and the ways to achieve.