MicroFinTech Expanding Financial Inclusion with Cost Cutting Innovation 1st Edition by Roberto Moro Visconti ISBN 3030803961 978-3030803964

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Product details:

ISBN 10: 3030803961
ISBN 13: 978-3030803964
Author: Roberto Moro Visconti 

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.

MicroFinTech Expanding Financial Inclusion with Cost Cutting Innovation 1st Table of contents:

1. Introduction

2. The Microfinance Background

3. Microfinance Issues

4. The Impact of Technology on Microfinance

5. Fintechs

6. Microfintech Applications

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Tags: Roberto Moro Visconti, MicroFinTech Expanding, Cost Cutting