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• W3128157706 abstract "Microfinance is a renowned albeit controversial solution for giving financial access to the unbanked, even if micro-transactions increase costs, limiting outreach potential. Economic and financial sustainability of Microfinance Institutions (MFIs) is a prerequisite for widening a potentially unlimited clients 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. This study examines these trendy solutions comprehensively, going beyond the existing literature and showing potential applications to the traditional sustainability versus outreach trade-off." @default.
• W3128157706 created "2021-02-15" @default.
• W3128157706 creator A5079031224 @default.
• W3128157706 date "2021-09-28" @default.
• W3128157706 modified "2023-09-25" @default.
• W3128157706 title "MicroFinTech: Expanding Financial Inclusion with Cost-Cutting Innovation" @default.
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• W3128157706 hasPublicationYear "2021" @default.
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