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MicroFinTech: Expanding Financial Inclusion with Cost-Cutting Innovation: Palgrave Studies in Financial Services Technology

Autor Roberto Moro-Visconti
en Limba Engleză Paperback – 8 sep 2022
Microfinance is a renowned albeit controversial solution for giving financial access to the unbanked, even if micro-transactions increase costs, limiting outreach potential. The economic and financial sustainability of Microfinance Institutions (MFIs) is a prerequisite for widening a potentially unlimited client base. Automation decreases costs, expanding the outreach potential, and improving transparency and efficiency. Technological solutions range from branchless mobile banking to geo-localization of customers, digital/social networking for group lending, blockchain validation, big data, and artificial intelligence, up to “MicroFinTech” - FinTech applications adapted to microfinance. Of interest to both scholars, students, and professors of financial technology and microfinance, this book examines these trendy solutions comprehensively, going beyond the existing literature and showing potential applications to the traditional sustainability versus outreach trade-off.
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Specificații

ISBN-13: 9783030803964
ISBN-10: 3030803961
Pagini: 272
Ilustrații: XI, 272 p. 50 illus., 43 illus. in color.
Dimensiuni: 148 x 210 mm
Greutate: 0.35 kg
Ediția:1st ed. 2021
Editura: Springer International Publishing
Colecția Palgrave Macmillan
Seria Palgrave Studies in Financial Services Technology

Locul publicării:Cham, Switzerland

Cuprins

Chapter 1.- Introduction_ Chapter 2.- The Microfinance Background _Chapter 3.- Microfinance Issue _Chapter 4.- The Impact of Technology on Microfinance_ Chapter 5.- FinTechs _Chapter 6.- MicroFinTech Applications_ Chapter 7.- Conclusion.

Notă biografică

Roberto Moro-Visconti is Professor of Corporate Finance at the Catholic University of the Sacred Heart, Milan, Italy, and is the director of studio Moro-Visconti – chartered accountants and financial consultants. Dr. Moro-Visconti manages a consolidated financial boutique (www.morovisconti.com) that derives from a deep-rooted tradition of professional consultants in Milan.

Textul de pe ultima copertă

Microfinance is a renowned albeit controversial solution for giving financial access to the unbanked, even if micro-transactions increase costs, limiting outreach potential. The economic and financial sustainability of Microfinance Institutions (MFIs) is a prerequisite for widening a potentially unlimited client base. Automation decreases costs, expanding the outreach potential, and improving transparency and efficiency. Technological solutions range from branchless mobile banking to geo-localization of customers, digital/social networking for group lending, blockchain validation, big data, and artificial intelligence, up to “MicroFinTech” - FinTech applications adapted to microfinance. Of interest to both scholars, students, and professors of financial technology and microfinance, this book examines these trendy solutions comprehensively, going beyond the existing literature and showing potential applications to the traditional sustainability versus outreach trade-off.

Caracteristici

Analyses microfinance to provide a framework for MicroFinTech applications Explores the various microfinance limitations and issues Shows if and how FinTech business models can be incorporated in traditional microfinance patterns to scale them up