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MicroFinTech - Expanding Financial Inclusion with Cost-Cutting Innovation (Hardcover, 1st ed. 2021)
Loot Price: R3,622
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MicroFinTech - Expanding Financial Inclusion with Cost-Cutting Innovation (Hardcover, 1st ed. 2021)
Series: Palgrave Studies in Financial Services Technology
Expected to ship within 12 - 17 working days
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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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