Mobile Banking for the Unbanked V Kasturi Rangan Katharine Lee
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I was amazed at how Kasturi Rangan and Katharine Lee’s book titled “Mobile Banking for the Unbanked” (2016) made it to my top three favorite books that I’ve read so far in 2016. And even though the book has been out in print since 2012, I’m grateful to have discovered this amazing book this year. Kasturi Rangan, the Director and Head of Emerging Markets for Bangalore-based FinTech startup, Neo
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“Mobile Banking: An Emerging Market” The unbanked refers to an undescribed population of adults who do not have access to banks, other financial institutions, or credit-financed services. There is an estimated 1.6 billion people worldwide in this category; globally, there are nearly 300 million in developing countries, and in India, it is about 144 million. The US Census Bureau in their latest population estimates for the 2016 National survey conducted by Pew Research Center in 2016
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“In the United States, approximately 24 million households have no banking account. While 42 million households have mobile phones, most of them have not yet used them to their full potential. In this report, we’ll examine how mobile banking could be implemented for the unbanked and explore potential strategies and challenges. The case study will be based on Kasturi Rangan, Katharine Lee, an Australian student and researcher in the field of business analytics.” “” (5-10): Summarize the report’s
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Kasturi Rangan is one of the top finance professionals in the world. She is an expert in the field of finance and her work has been recognized by many world-class institutions. Her latest work, “Mobile Banking for the Unbanked,” is a seminal contribution in the field. She is an expert in the field of finance and her work has been recognized by many world-class institutions. She has been invited to speak at the prestigious TED Talks. She has presented her work to numerous audiences, ranging from
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The paper is about Mobile Banking for the Unbanked. This research paper will examine the concept of Mobile Banking for the Unbanked and its application to the lives of the people who cannot access traditional banking services. Mobile banking is becoming increasingly popular and is expected to become the future of banking by 2018. This study examines the successes and challenges in implementing mobile banking solutions in developing countries, specifically in India and sub-Saharan Africa. Findings: The study findings show that Mobile Banking in
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Mobile banking offers a range of features for the unbanked in rural India. Invest in their infrastructure and create mobile banking platforms in their areas to bridge the gap in the banking sector’s reach. visit The aim is to bring to the unbanked the financial inclusion benefits of digitalization and modern banking. This includes: 1. Access to the banking network: Mobile banking allows unbanked people to use their smartphones or tablets as a source of electronic payments, as they do not have a bank account. Mobile banking has already you can try this out