Multidisciplinary analysis explores regulatory frameworks and cultural values influencing digital banking in emerging countries, suggesting pathways for success and challenges.
From the viewpoint of developing nations digital banking is rapidly advancing, transforming the notions of financial inclusion, state capacity, and the relationship between citizens and government. The paper explores the digital banking environment in a multidisciplinary approach that brings together governance, public administration, public law, religion and politics, comparative politics, international studies, and democratic institutions. This study examines how governance, institutional capacity, regulation, legislation, politics, and cultural–religious values shape digital banking development, stability, trust, risk, and adoption. It further compares cross-national contexts to build an interdisciplinary model linking administrative, legal, political, and global forces to explain digital banking success beyond technology and economics. It states that the success and risks of digital banking are not only determined by technological innovation but also broader institutional, legal, socio-political, and global dynamics. The article unfolds a comparison of the regulatory frameworks, administrative power, religious impacts, politics, and international pressures in the emergent economies to demonstrate the way in which digital banking emerges as a field of opportunity and conflict. This paper suggests a combined concept to describe why certain countries progress safely and others experience uncertainty, distrust or politicization of digital finance.
No takes yet. Share an insight, caveat, or question.
Ganguly et al. (2026) studied this question.
Synapse has enriched 5 closely related papers on similar clinical questions. Consider them for comparative context: