IRMA-International.org: Creator of Knowledge
Information Resources Management Association
Advancing the Concepts & Practices of Information Resources Management in Modern Organizations

Role of Technology Options for Financial Inclusion: Case Study in India

Role of Technology Options for Financial Inclusion: Case Study in India
View Sample PDF
Author(s): Shalu Chopra (VES Institute of Technology, India), A. M. Sherry (Bridge School of Business, India)and Rajeev Dwivedi (Institute of Management Technology (CDL) Ghaziabad, India)
Copyright: 2015
Pages: 18
Source title: Technological Solutions for Sustainable Business Practice in Asia
Source Author(s)/Editor(s): Patricia Ordóñez de Pablos (Universidad de Oviedo, Spain)
DOI: 10.4018/978-1-4666-8462-1.ch001

Purchase

View Role of Technology Options for Financial Inclusion: Case Study in India on the publisher's website for pricing and purchasing information.

Abstract

Financial services have a ubiquitous need however the urban rich have easy and universal access with wider options, compared to the low-income group who are forced to accept informal, expensive and riskier means to fulfill their financial needs. The demand and supply of financial services for the poor is imbalanced, with supply being acutely constrained by lack of viability and sustainability of current business models. Technology and IT has a pivotal role in making financial inclusion a viable reality. Technology, including information technology can enable lowering costs by increasing automation, enhancing efficiency, enabling scaling up through uniformity, consistency and security. Multiple technology choices are available to financial service providers but few have been proven yet. This chapter is based on available front end and back end technology options for financial inclusion. Further, it describe the role of front end and back end technology options in Indian context.

Related Content

Monia Ben Ltaifa, Walid Chouari, Abdelkader Mohamed Sghaier Derbali. © 2024. 30 pages.
Filiz Mızrak. © 2024. 21 pages.
Aytaç Gökmen. © 2024. 12 pages.
Maria Aweis Mayow, Aytaç Gökmen, Dilek Temiz. © 2024. 27 pages.
Ahlem Baccouche, Houssem Bouzgarrou, Meriem Jouirou, Moufida Ben Saada. © 2024. 21 pages.
Ashwani Panesar, Rohit Sood. © 2024. 20 pages.
Boussairi Slimani, Moufida Ben Saada, Sameh Halaoua. © 2024. 22 pages.
Body Bottom