Financial Services Segregation: Improving Access to Financial Services for Recent Latino Immigrants

This paper outlines elements of demand for financial services among recent Latino immigrants, summarizes key factors contributing to their financial segregation, and describes products, services and administrative practices that have been used successfully by depository institutions. Throughout the research and paper particular attention has been paid to the New England region.Remittances, Latin American immigrants, Banking, Best Practices, Anti-Money Laundering, Terrorist Financing, USA Inmigrantes Latinoamericanos, banca, Mejores Practicas, anti lavado de dinero, financiamiento de terroristas, USA

The age of reason: financial decisions over the lifecycle

The sophistication of financial decisions varies with age: middle-aged adults borrow at lower interest rates and pay fewer fees compared to both younger and older adults. We document this pattern in ten financial markets. The measured effects cannot be explained by observed risk characteristics. The sophistication of financial choices peaks around age 53 in our cross-sectional data. Our results are consistent with the hypothesis that financial sophistication rises and then falls with age, although the patterns that we observe represent a mix of age effects and cohort effects.Financial institutions ; Loans

The Value Driven Pharmacist: Basics of Access, Cost, and Quality 2nd Edition

https://digitalcommons.butler.edu/butlerbooks/1017/thumbnail.jp

The online stolen data market: disruption and intervention approaches

This article brings a new taxonomy and collation of intervention and disruption methods that can be applied to the online stolen data market. These online market-places are used to buy and sell identity and financial information, as well as the products and services that enable this economy. This article combines research findings from computer science with criminology to provide a multidisciplinary approach to crimes committed with the use of technology.This work was supported by the Department of Homeland Security (DHS) Science and Technology Directorate, Cyber Security Division (DHSS&T/CSD) Broad Agency Announcement 11.02, the Government of Australia and SPAWAR Systems Center Pacific under contract number N66001-13-C-0131, to A.H.; and the National Institute of Justice, Office of Justice Programs, U.S. Department of Justice under grant number 2010-IJ-CX-1676, 2010, to T. H.This is the author accepted manuscript. The final version is available from Taylor & Francis via http://dx.doi.org/10.1080/17440572.2016.119712

Individual Privacy and Online Services

We explore consumer trade-offs between better performance through tailoring of online services to their individual needs and greater privacy as a result of reduced disclosure of personal information. We show that individuals have different willingness to accept loss of privacy that is a function of (1) the individual and his/her preferences, because the variation in demands for privacy is not uniform across individuals, (2) the service Domain, because individuals demand more privacy in some Domains than they do in others and (3) these differences themselves differ among consumers as well

Changing the way we learn: towards agile learning and co-operation

This paper addresses the need for learning and competence development in industrial organizations. The people that enter professional organizations today are part of a gamer generation that have some or much experience with on-line games. Therefore they are more open to e-learning and in general more open to access anything on-line. At the same time industrial organizations experience a pressure on their ability to train employees faster due to the increase in complexity. We argue that games are not yet mature enough to support this training challenge as stand alone efforts. But games can support the training and competence development in a synchronized setup with other means

Fighting Poverty, Profitably: Transforming the Economics of Payments to Build Sustainable, Inclusive Financial Systems

The Gates Foundation's Financial Services for the Poor program (FSP) believes that effective financial services are paramount in the fight against poverty. Nonetheless, today more than 2 billion people live outside the formal financial sector. Increasing their access to high quality, affordable financial services will accelerate the well-being of households, communities, and economies in the developing world. One of the most promising ways to deliver these financial services to the poor -- profitably and at scale -- is by using digital payment platforms.These are the conclusions we have reached as the result of extensive research in pursuit of one of the Foundation's primary missions: to give the world's poorest people the chance to lift themselves out of hunger and extreme poverty.FSP conducted this research because we believe that there is a gap in the fact base and understanding of how payment systems can extend digital services to low income consumers in developing markets. This is a complex topic, with fragmented information and a high degree of country-by-country variability. A complete view across the entire payment system has been missing, limiting how system providers, policy makers, and regulators (groups we refer to collectively as financial inclusion stakeholders) evaluate decisions and take actions. With a holistic view of the payment system, we believe that interventions can have higher impact, and stakeholders can better understand and address the ripple effects that changes to one part of the system can have. In this report, we focus on the economics of payment systems to understand how they can be transformed to serve poor people in a way that is profitable and sustainable in aggregate