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

Book 11 of 12: Palgrave Studies in Financial Services Technology

Moro-Visconti, Roberto

 
9783030803933: MicroFinTech: Expanding Financial Inclusion with Cost-Cutting Innovation (Palgrave Studies in Financial Services Technology)
Hardcover
ISBN 10: 3030803937 ISBN 13: 9783030803933
Publisher: Palgrave Macmillan, 2021

Synopsis

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.

"synopsis" may belong to another edition of this title.

About the Author

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.

From the Back Cover

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.

"About this title" may belong to another edition of this title.

Publisher
Palgrave Macmillan
Publication date
2021
Language
English
ISBN 10 
3030803937
ISBN 13 
9783030803933
Binding
Hardcover
Edition number
1
Number of pages
283

Other Popular Editions of the Same Title

9783030803964: MicroFinTech: Expanding Financial Inclusion with Cost-Cutting Innovation (Palgrave Studies in Financial Services Technology)

Featured Edition

ISBN 10:  3030803961 ISBN 13:  9783030803964
Publisher: Palgrave Macmillan, 2022
Softcover