MicroFinTech - Expanding Financial Inclusion with Cost-Cutting Innovation (Paperback, 1st ed. 2021)

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.

General

Imprint:	Springer Nature Switzerland AG
Country of origin:	Switzerland
Series:	Palgrave Studies in Financial Services Technology
Release date:	September 2022
First published:	2021
Authors:	Roberto Moro Visconti
Dimensions:	210 x 148mm (L x W)
Format:	Paperback
Pages:	272
Edition:	1st ed. 2021
ISBN-13:	978-3-03-080396-4
Categories:	Books > Business & Economics > Economics > General Books > Business & Economics > Finance & accounting > Finance > General Books > Business & Economics > Industry & industrial studies > Service industries > Financial services industry Books > Money & Finance > General
LSN:	3-03-080396-1
Barcode:	9783030803964

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