{"product_id":"microfintech-expanding-financial-inclusion-with-costcutting-innovation-9783030803964","title":"MicroFinTech: Expanding Financial Inclusion with Cost-Cutting Innovation","description":"\u003cp\u003e\u003c\/p\u003e\u003cp\u003e\u003c\/p\u003e\u003cp\u003e\u003c\/p\u003e\u003cblockquote\u003e\n\u003cbr\u003eMicrofinance is a solution for giving financial access to the unbanked, but its economic and financial sustainability is a prerequisite for widening its client base. Automation reduces costs, expands outreach potential, and improves transparency and efficiency. Technological solutions range from branchless mobile banking to geo-localization, digital\/social networking, blockchain validation, big data, and artificial intelligence. This book examines these solutions comprehensively, showing potential applications to the traditional sustainability versus outreach trade-off. \u003c\/blockquote\u003e\u003cp\u003e\u003c\/p\u003e\u003cp\u003e\u003c\/p\u003e\u003cp\u003e\u003cstrong\u003eFormat\u003c\/strong\u003e: Paperback \/ softback\u003cbr\u003e\u003cstrong\u003eLength\u003c\/strong\u003e: 272 pages\u003cbr\u003e\u003cstrong\u003ePublication date\u003c\/strong\u003e: 08 September 2022\u003cbr\u003e\u003cstrong\u003ePublisher\u003c\/strong\u003e: Springer Nature Switzerland AG\u003cbr\u003e\u003c\/p\u003e\u003cp\u003e\u003cbr\u003eMicrofinance is a well-known but divisive approach to providing financial access to the unbanked, even if micro-transactions raise costs and limit outreach potential. For Microfinance Institutions (MFIs) to have long-term economic and financial viability, expanding their potentially limitless client base is a requirement. Costs are reduced through automation, increasing outreach potential, and enhancing transparency and efficiency. Technological solutions include branchless mobile banking, customer geo-localization, digital\/social networking for group lending, blockchain validation, big data, and artificial intelligence, up to \"MicroFinTech\" - FinTech applications tailored to microfinance. This book, of interest to scholars, students, and professors of financial technology and microfinance, comprehensively examines these trendy solutions, going beyond the existing literature and demonstrating potential applications to the traditional sustainability versus outreach trade-off.\u003c\/p\u003e\u003cp\u003e\u003cstrong\u003eWeight\u003c\/strong\u003e: 374g\u003cbr\u003e\u003cstrong\u003eDimension\u003c\/strong\u003e: 210 x 148 (mm)\u003cbr\u003e\u003cstrong\u003eISBN-13\u003c\/strong\u003e: 9783030803964\u003cbr\u003e \u003cstrong\u003eEdition number\u003c\/strong\u003e: 1st ed. 2021\u003c\/p\u003e","brand":"Roberto Moro-Visconti","offers":[{"title":"Paperback \/ softback","offer_id":44282941571322,"sku":"9783030803964","price":99.95,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0522\/4297\/2845\/products\/noImage_1_4a196625-8b74-49af-bf28-7f6b2faf01ba.jpg?v=1686916534","url":"https:\/\/shulphink.com\/products\/microfintech-expanding-financial-inclusion-with-costcutting-innovation-9783030803964","provider":"Shulph Ink","version":"1.0","type":"link"}