Fintech, open source, and emerging markets digital banking for everyone

Technological innovation is disrupting many venerable institutions but nowhere is the impact more striking than digital and mobile technology in financial services. This report examines the multifaceted role of FinTech in emerging economies, where billions of people live at the lower tier of the eco...

Full description

Bibliographic Details
Main Author: Lévy-Bencheton, Cornelia
Format: eBook
Language:English
Published: Sebastopol, CA O'Reilly Media 2016
Edition:First edition
Subjects:
Online Access:
Collection: O'Reilly - Collection details see MPG.ReNa
LEADER 03249nmm a2200481 u 4500
001 EB001921151
003 EBX01000000000000001084053
005 00000000000000.0
007 cr|||||||||||||||||||||
008 210123 ||| eng
050 4 |a HG173 
100 1 |a Lévy-Bencheton, Cornelia 
245 0 0 |a Fintech, open source, and emerging markets  |b digital banking for everyone  |c Cornelia Lévy-Bencheton 
250 |a First edition 
260 |a Sebastopol, CA  |b O'Reilly Media  |c 2016 
300 |a 1 volume  |b illustrations 
505 0 |a Includes bibliographical references 
653 |a Blockchains (Databases) / fast 
653 |a Chaînes de blocs 
653 |a Blockchains (Databases) / http://id.loc.gov/authorities/subjects/sh2016002790 
653 |a Electronic funds transfers / fast 
653 |a Bitcoin / fast 
653 |a Bitcoin / aat 
653 |a Finance / Technological innovations / fast 
653 |a Bitcoin / http://id.loc.gov/authorities/subjects/sh2015000075 
653 |a Banks and banking / Technological innovations / fast 
653 |a Finances / Innovations 
653 |a Bitcoin 
653 |a Transferts électroniques de fonds 
653 |a Banks and banking / Technological innovations 
653 |a Finance / Technological innovations 
653 |a Electronic funds transfers / http://id.loc.gov/authorities/subjects/sh85042329 
041 0 7 |a eng  |2 ISO 639-2 
989 |b OREILLY  |a O'Reilly 
776 |z 9781491967799 
856 4 0 |u https://learning.oreilly.com/library/view/~/9781492049081/?ar  |x Verlag  |3 Volltext 
082 0 |a 658 
082 0 |a 000 
082 0 |a 332.4 
082 0 |a 332.17 
082 0 |a 332 
082 0 |a 338 
520 |a Technological innovation is disrupting many venerable institutions but nowhere is the impact more striking than digital and mobile technology in financial services. This report examines the multifaceted role of FinTech in emerging economies, where billions of people live at the lower tier of the economic pyramid--especially in Africa. You'll discover why countries such as Kenya and Tanzania offer incredible market opportunities for FinTech investors, startups, and developers right now . In emerging economies, where 80% of adults are unbanked and lack access to formal banking services, FinTech enables financial inclusion and creates a world of social good through financial education and entrepreneurial activity. While cash still reigns supreme as an exchange medium, mobile devices are ubiquitous. Digital services such as M-Pesa enable users to send and store money, run businesses from their phones, and connect to expanded horizons. This report reveals why: The explosive growth of FinTech and mobile platforms, coupled with receptive populations, makes emerging markets a hot opportunity M-Pesa is currently the world's most widely used mobile-money transfer and financial network FinTech has a socially transformative impact on previously unbanked adults in Africa--especially women The use of APIs by banks, in partnership with fintech firms and telecoms, will change the industry model Mobile data is the silent engine driving financial inclusion and will spark innovation and new use cases to reshape the financial industry