3,190 research outputs found

    Microfinance: A Comprehensive Review of the Existing Literature

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    Although the word finance is in the term microfinance, and the core elements of microfinance are those of the finance discipline, microfinance has yet to break into the mainstream or entrepreneurial finance literature. The purpose of this article is to introduce the finance academic community to the discipline of microfinance and microfinance institutions (MFIs). We provide a comprehensive review of over 350 articles and address the issues of MFI sustainability, products and services, management practices, clientele targeting, regulation and policy, and impact assessment

    When function meets emotion, change can happen: societal value propositions and disruptive potential in fintechs

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    Fintechs, as providers of digital service innovations and as highly relevant and novel channels through which to deliver entrepreneurial finance based on the creative use of state-of-the-art technology in the financial domain, have thus far mainly been addressed in research by examining the functional aspects of their value propositions (VPs). This article thus sets out to gain insights into the interplay and overall role of societal VPs as potential antecedents and change catalysts in the formation of the often promised disruptive potential of fintechs for the financial sector. In an inductive, theory-building approach, the authors first examine how societal VPs transcend individual functional and emotional ones for entrepreneurs, and conclude with a conceptual model of how the former can build up the disruptive potential of fintechs and deliver apt solutions for entrepreneurs seeking finance

    The community development credit union : evaluating its success in improving the urban community

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    This study examines the fundamentals, operations, and performance of community development credit unions (COCUs) in urban communities throughout the Great Lakes region. It incorporates a system for evaluating their operation as well as an analysis of traits that can be linked to CDCU effectiveness. The two-pronged approach to the study begins with an evaluation matrix that utilizes a collection of criteria designated as performance benchmarks. Data collected via mail survey for each of the nine case studies are passed through the matrix, producing scores that provide a basis for comparison in the analysis section where a set of criteria is drafted to personify an ideally successful community development credit union. The analysis of trends within the case studies has produced the conclusion that effective CDCU operation is linked to a high loan-to-deposit ratio, presence of local small business support, and an existent level of citizen participation within the community. In addition, the thesis suggests continued improvement of small business lending and support as well as providing financial education programs for residents

    Digital Finance in Europe: Law, Regulation, and Governance

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    This special volume collects contributions from leading scholars who scrutinize the challenges digital finance presents for the EU internal market and financial market regulation from multiple public policy perspectives. Author contributions aim to provide policy-relevant research and ideas shedding light on the complexities of the digital finance promise. They also offer solid proposals for reform of EU financial services law

    Fintech landscape in Sub-Saharan Africa - the case of Mozambique: how can a peer-to-peer lending fintech serve Mozambican investors

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    The lack of access to traditional finance makes Sub-Saharan Africa an attractive market for the adoption of FinTech services. This report provides an overview of Sub-Saharan Africa’s Fintech landscape, highlighting the case of Mozambique. By constructing a database of active fintechs in the region, the report identifies top Fintech verticals and countries. To assess the factors behind FinTech success, a scoring model covering five pillars – regulation, demand, talent, capital and feeling of community – is also designed. These results served as the basis to explore the opportunities and challenges of Mozambique’s FinTech ecosystem and provide recommendations for its growth

    Digital Finance in Europe: Law, Regulation, and Governance

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    This special volume collects contributions from leading scholars who scrutinize the challenges digital finance presents for the EU internal market and financial market regulation from multiple public policy perspectives. Author contributions aim to provide policy-relevant research and ideas shedding light on the complexities of the digital finance promise. They also offer solid proposals for reform of EU financial services law

    Potential for banks´ private mortgage financing business through the application of predictive analytics

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    Private mortgage financing accounts for a growing share of banks’ lending business and, thus, their profits. Yet increasing competition and tightening market conditions are pressuring profitability. This work project analyzes predictive analytics as a means to alleviate these challenges, focusing on the German market and relying on guided expert interviews for primary research. In particular, it outlines 17 existing and potential fields of application, and examines corresponding types of predictive analytics models and data sources. Furthermore, 12 major challenges associated with the implementation of predictive analytics are identified

    Disrupting Finance

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    This open access Pivot demonstrates how a variety of technologies act as innovation catalysts within the banking and financial services sector. Traditional banks and financial services are under increasing competition from global IT companies such as Google, Apple, Amazon and PayPal whilst facing pressure from investors to reduce costs, increase agility and improve customer retention. Technologies such as blockchain, cloud computing, mobile technologies, big data analytics and social media therefore have perhaps more potential in this industry and area of business than any other. This book defines a fintech ecosystem for the 21st century, providing a state-of-the art review of current literature, suggesting avenues for new research and offering perspectives from business, technology and industry

    Credit Risk Management and Its Impact on Performance of Commercial Banks: In of Case Ethiopia

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    Credit risk management in financial institutions has become more important not only because of the financial transactions performances but also protecting crisis that the industry is experiencing in the bust and somehow in the present. Moreover, it is also a means of or a crucial concept that determine commercial performance for the success, sustainable growth, and consistent profitability. The purpose of this paper is to investigate the relationship between credit risk management and its impact on performance of commercial banks in Ethiopia. This study is primarily based on secondary data. Secondary data were collected from nine (09) commercial banks in Ethiopia. The secondary data were obtained from various sources such as Annual Reports of the selected commercial banks, National bank of Ethiopia, relevant articles, books and magazines etc. The panel data of a six year period from 2009 to 2014 from the selected banks were used to examine the relationship between credit risk and performances. The data were analyzed using descriptive statistics and panel data regression model by using SPSS software version 22 and the Return on Assets (ROA) and Return on equity were used as performance variables and Capital Adequacy Ratio(CAR).Non-Performing Loans to Total Loans (NPLR), Loan provision to Total Loan Ratio(LPTLR), Loan Provision to Non-Performing Loans Ratio (LPNPLR), Loan Provision to Total Assets Ratio(LPTAR) and Non-Performing Loans to Total Loans (NPLTLR) were used as variables of credit risk management. The findings reveal that there is strong relationship between credit risk management and commercial bank performance in Ethiopia. Keywords: Risk Management, Credit Risk, Credit Risk Management, Credit enhancement, CAR, NPLR, ROA, ROE
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