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Since 2010 approximately 40 developing countries and transitional economies imposed interest rate caps. This article analyses the impact of these interest rate caps on microfinance institutions. Introducing the taxonomy of soft, mezzo and hard interest rate caps we take a stance against hard...
Persistent link: https://www.econbiz.de/10012922161
Persistent link: https://www.econbiz.de/10014431850
The hypothesis that people with more financial literacy make better financial decisions and show positive financial behaviors is crucial for more than one stakeholder. A weak connection between financial literacy and financial behaviors jeopardizes the opportunity to invest in financial...
Persistent link: https://www.econbiz.de/10012150306
This paper investigates strategies of European microfinance institutions (MFIs) and inclusive FinTech organisations to … address financial and digital illiteracy among vulnerable customers. It reveals that both MFIs and FinTech organisations focus …
Persistent link: https://www.econbiz.de/10014471271
Financial technology (fintech) is emerging as an innovative way to achieve financial inclusion and the broader … objective of inclusive growth. Thus far, fintech in the MENAP and CCA remains below potential with limited impact on financial … inclusion. This paper reviews the fintech landscape in the MENAP and CCA regions, identifies the constraints to the growth of …
Persistent link: https://www.econbiz.de/10012909418
PilotR Proposal constitutes a significant step towards a future-proof EU fintech framework. We appreciate the European scale …
Persistent link: https://www.econbiz.de/10012587627
FinTech industry and the level of development of this sector. To address this research problem, the paper analyses the scope … of regulation in 14 segments of the FinTech sector, and based on that, develops the FinTech Regulation Index for the … regulation and the level of FinTech development in the various European Union countries. The econometric analysis confirmed the …
Persistent link: https://www.econbiz.de/10014285940
fintech payment and lending activities compared to some other regions. But fintech activity is growing rapidly. Digital …-based approaches under minimal regulation, there is a clear trend for fintech companies to acquire balance sheets and, relatedly …, banking licenses as they expand. Meanwhile, competition is pushing many traditional banks to adopt fintech instruments, either …
Persistent link: https://www.econbiz.de/10013252043
The revised EU Directive on payment services in the internal market (PSD2) entered into application on 13 January 2018. The PSD2 introduces a sector-specific data portability rule dubbed access to account, or XS2A. Under the PSD2, specific categories of third parties (“Fintechs”) are allowed...
Persistent link: https://www.econbiz.de/10012929589
New financial technologies (FinTech) have erupted around the world. Consequently, there has been a considerable … increase in academic literature on FinTech over the last five years. Research tends to be scantily connected with no coherent …
Persistent link: https://www.econbiz.de/10012892941