Assessing the Reality of Digital Financial Inclusion in Iraq and Ways to Enhance Benefit and Expand Financial Services

Abstract

Our contemporary world has witnessed widespread digital development in the production and use of smart digital devices with speed that increases data processing capacity، accelerates artificial intelligence، and brings about unprecedented developments and changes in production processes. This has contributed to changing the face of the global economy toward digital transformation and transforming vital sectors into business models that rely on highly accurate and sophisticated digital technologies. These changes in digital technologies، such as the collection، storage، exchange، and use of information، have achieved widespread dissemination to all members of modern societies، knowledge societies، and digital transformation، whose implementation requires financial tools and systems characterized by inclusiveness and equality among segments and classes of society without discrimination or discrimination. This is what financial inclusion and the ability for everyone to quickly and easily access modern financial tools are required to achieve economic and social integration and achieve comprehensive development goals. In order to keep pace with global economic developments and the various methods and means adopted to achieve financial inclusion requirements، many developing countries، including Iraq، have had to engage in the relentless pursuit of addressing the challenges facing financial inclusion and، in the same vein، fulfilling its implementation requirements. Therefore، this research aims to clarify the digital transformation in Iraq and the means to achieve financial inclusion there