MicroFinTech : expanding financial inclusion with cost-cutting innovation /

MicroFinTech : expanding financial inclusion with cost-cutting innovation /

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Bibliographic Details
Author / Creator:Moro Visconti, Roberto.
Imprint:Cham, Switzerland : Palgrave Macmillan, 2021.
Description:1 online resource.
Language:English
Series:Palgrave studies in financial services technology
Palgrave studies in financial services technology series.
Subject:
Microfinance.
Banks and banking -- Technological innovations.
Banks and banking -- Technological innovations.
Microfinance.
Format: E-Resource Book
URL for this record:http://pi.lib.uchicago.edu/1001/cat/bib/12660681
Hidden Bibliographic Details
ISBN:9783030803940
3030803945
3030803937
9783030803933
Notes:Includes bibliographical references and index.
Print version record.
Summary: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.
Other form:Print version: 9783030803940
Print version: 3030803937 9783030803933
Print version: MORO-VISCONTI, ROBERTO. MICROFINTECH. [S.l.] : PALGRAVE MACMILLAN, 2021 3030803937
Standard no.:10.1007/978-3-030-80394-0

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