Financial inclusion through digital banking: the case of Peru

Jorge Julião; Tonny Ayllon; Marcelo Gaspar

doi:10.1007/978-3-031-09360-9_24

Financial inclusion through digital banking: the case of Peru

Jorge Julião^*, Tonny Ayllon, Marcelo Gaspar

^*Autor correspondente para este trabalho

Resultado de pesquisa › revisão de pares

3 Citações (Scopus)

Resumo

Peru is currently considered one of South America's key emerging markets, with a significant recent history of economic stability. Nevertheless, the same country is also known for having one of the lowest financial inclusion rates in the region. To fight this latter aspect, the Peruvian government developed an interoperable mobile money platform, based on a digital electronic wallet for the unbanked, called the Billetera Móvil (BIM). Based on this mobile wallet, the purpose of this study aims to debate how financial inclusion may be facilitated by the banking sector’s digital revolution. It discusses the fundamentals of FinTech, with a particular emphasis on financial inclusion and associated concerns. Moreover, current research aims to contribute to the understanding of how the recent digital transition can benefit disadvantaged target groups. Field observation and a mixed qualitative and quantitative approach allowed collecting empirical data to support the research findings and discussions. It was found out that, even though there is an effective potential for the digital transition to be impactful in the financial inclusion of the unbanked, a long path has yet to be crossed to achieve a successful result with this inclusive e-wallet.

Idioma original	English
Título da publicação do anfitrião	Innovations in Industrial Engineering II
Editores	José Machado, Filomena Soares, Justyna Trojanowska, Vitalii Ivanov, Katarzyna Antosz, Yi Ren, Vijaya Kumar Manupati, Alejandro Pereira
Local da publicação	Switzerland
Editora	Springer
Páginas	294-304
Número de páginas	11
ISBN (eletrónico)	9783031093609
ISBN (impresso)	9783031093593
DOIs	https://doi.org/10.1007/978-3-031-09360-9_24
Estado da publicação	Publicado - 2023
Evento	2nd International Conference Innovation in Engineering, ICIE 2022 - Braga Duração: 28 jun. 2022 → 30 jun. 2022

Série de publicação

Nome	Lecture Notes in Mechanical Engineering
ISSN (impresso)	2195-4356
ISSN (eletrónico)	2195-4364

Conferência

Conferência	2nd International Conference Innovation in Engineering, ICIE 2022
País/Território	Portugal
Cidade	Braga
Período	28/06/22 → 30/06/22

ODS da ONU

Este resultado contribui para o(s) seguinte(s) Objetivo(s) de Desenvolvimento Sustentável

Acesso ao documento

10.1007/978-3-031-09360-9_24

Outros arquivos e links

Link to publication in Scopus

CEGE: Research Center in Management and Economics
Silva, M. (Professor Catedrático), Sousa, R. (Professor Catedrático), Alves, P. (Professor Auxiliar), Madsen, A. (Professor Auxiliar Convidado), Lourenço, A. (Professor Associado), Carvalho, A. S. (Professor Associado), Andrade, A. (Professor Auxiliar), Silva, P. D. (Professor Associado), Vlačić, B. (Professor Auxiliar Convidado), Martins, C. (Professor Auxiliar Convidado), Gomes, C. (Investigador Auxiliar), Gevrek, Z. E. (Professor Auxiliar Convidado), Oliveira, F. G. D. (Professor Associado), Faria, G. (Professor Associado Convidado), Marreiros, H. (Bolseiro), Pinho, J. (Professor Auxiliar Convidado), Machado, J. (Professor Associado), Araújo, J. (Investigador Auxiliar), Pinto, J. (Professor Auxiliar), Rego, A. (Professor Catedrático), Gaspar, J. M. (Investigador Auxiliar), Corbo, L. (Professor Auxiliar Convidado), Costa, L. (Professor Associado), Fernandes, L. (Professor Auxiliar), Sottomayor, M. (Professor Auxiliar), Martins, N. (Professor Catedrático), Hernández-Marrero, P. (Investigador Auxiliar), Gonçalves, R. (Professor Associado), Ribeiro, R. (PI), Coelho, S. L. (Docente Assistente), Pereira, S. M. (Investigador Auxiliar), Silva, S. (Professor Associado), Rodrigues, V. (Professor Associado), Sotiros, D. G. (Investigador Auxiliar), Valverde, C. (Professor Auxiliar), Leitão, A. (Professor Auxiliar), Julião, J. (Professor Auxiliar), Tavares, M. (Professor Auxiliar), Lages, C. R. (Investigador Auxiliar), Elmashhara, M. G. (Investigador Auxiliar) & Teymourifar, A. (Investigador Auxiliar)
1/01/20 → 31/12/24
Projeto

Citação

Julião, J., Ayllon, T., & Gaspar, M. (2023). Financial inclusion through digital banking: the case of Peru. Em J. Machado, F. Soares, J. Trojanowska, V. Ivanov, K. Antosz, Y. Ren, V. K. Manupati, & A. Pereira (Eds.), Innovations in Industrial Engineering II (pp. 294-304). (Lecture Notes in Mechanical Engineering). Springer. https://doi.org/10.1007/978-3-031-09360-9_24

Julião, Jorge ; Ayllon, Tonny ; Gaspar, Marcelo. / Financial inclusion through digital banking : the case of Peru. Innovations in Industrial Engineering II. editor / José Machado ; Filomena Soares ; Justyna Trojanowska ; Vitalii Ivanov ; Katarzyna Antosz ; Yi Ren ; Vijaya Kumar Manupati ; Alejandro Pereira. Switzerland : Springer, 2023. pp. 294-304 (Lecture Notes in Mechanical Engineering).

@inproceedings{31d8fff8150e4f5b9ce2a34274f97890,

title = "Financial inclusion through digital banking: the case of Peru",

abstract = "Peru is currently considered one of South America's key emerging markets, with a significant recent history of economic stability. Nevertheless, the same country is also known for having one of the lowest financial inclusion rates in the region. To fight this latter aspect, the Peruvian government developed an interoperable mobile money platform, based on a digital electronic wallet for the unbanked, called the Billetera M{\'o}vil (BIM). Based on this mobile wallet, the purpose of this study aims to debate how financial inclusion may be facilitated by the banking sector{\textquoteright}s digital revolution. It discusses the fundamentals of FinTech, with a particular emphasis on financial inclusion and associated concerns. Moreover, current research aims to contribute to the understanding of how the recent digital transition can benefit disadvantaged target groups. Field observation and a mixed qualitative and quantitative approach allowed collecting empirical data to support the research findings and discussions. It was found out that, even though there is an effective potential for the digital transition to be impactful in the financial inclusion of the unbanked, a long path has yet to be crossed to achieve a successful result with this inclusive e-wallet.",

keywords = "Digital transformation, Banking, Financial inclusion, FinTech, BIM Peru",

author = "Jorge Juli{\~a}o and Tonny Ayllon and Marcelo Gaspar",

note = "Publisher Copyright: {\textcopyright} 2023, The Author(s), under exclusive license to Springer Nature Switzerland AG.; 2nd International Conference Innovation in Engineering, ICIE 2022 ; Conference date: 28-06-2022 Through 30-06-2022",

year = "2023",

doi = "10.1007/978-3-031-09360-9_24",

language = "English",

isbn = "9783031093593",

series = "Lecture Notes in Mechanical Engineering",

publisher = "Springer",

pages = "294--304",

editor = "Jos{\'e} Machado and Filomena Soares and Justyna Trojanowska and Vitalii Ivanov and Katarzyna Antosz and Yi Ren and Manupati, {Vijaya Kumar} and Alejandro Pereira",

booktitle = "Innovations in Industrial Engineering II",

address = "Germany",

}

Julião, J, Ayllon, T & Gaspar, M 2023, Financial inclusion through digital banking: the case of Peru. em J Machado, F Soares, J Trojanowska, V Ivanov, K Antosz, Y Ren, VK Manupati & A Pereira (eds), Innovations in Industrial Engineering II. Lecture Notes in Mechanical Engineering, Springer, Switzerland, pp. 294-304, 2nd International Conference Innovation in Engineering, ICIE 2022, Braga, Portugal, 28/06/22. https://doi.org/10.1007/978-3-031-09360-9_24

Financial inclusion through digital banking: the case of Peru. / Julião, Jorge; Ayllon, Tonny; Gaspar, Marcelo.
Innovations in Industrial Engineering II. ed. / José Machado; Filomena Soares; Justyna Trojanowska; Vitalii Ivanov; Katarzyna Antosz; Yi Ren; Vijaya Kumar Manupati; Alejandro Pereira. Switzerland: Springer, 2023. p. 294-304 (Lecture Notes in Mechanical Engineering).

Resultado de pesquisa › revisão de pares

TY - GEN

T1 - Financial inclusion through digital banking

T2 - 2nd International Conference Innovation in Engineering, ICIE 2022

AU - Julião, Jorge

AU - Ayllon, Tonny

AU - Gaspar, Marcelo

PY - 2023

Y1 - 2023

N2 - Peru is currently considered one of South America's key emerging markets, with a significant recent history of economic stability. Nevertheless, the same country is also known for having one of the lowest financial inclusion rates in the region. To fight this latter aspect, the Peruvian government developed an interoperable mobile money platform, based on a digital electronic wallet for the unbanked, called the Billetera Móvil (BIM). Based on this mobile wallet, the purpose of this study aims to debate how financial inclusion may be facilitated by the banking sector’s digital revolution. It discusses the fundamentals of FinTech, with a particular emphasis on financial inclusion and associated concerns. Moreover, current research aims to contribute to the understanding of how the recent digital transition can benefit disadvantaged target groups. Field observation and a mixed qualitative and quantitative approach allowed collecting empirical data to support the research findings and discussions. It was found out that, even though there is an effective potential for the digital transition to be impactful in the financial inclusion of the unbanked, a long path has yet to be crossed to achieve a successful result with this inclusive e-wallet.

AB - Peru is currently considered one of South America's key emerging markets, with a significant recent history of economic stability. Nevertheless, the same country is also known for having one of the lowest financial inclusion rates in the region. To fight this latter aspect, the Peruvian government developed an interoperable mobile money platform, based on a digital electronic wallet for the unbanked, called the Billetera Móvil (BIM). Based on this mobile wallet, the purpose of this study aims to debate how financial inclusion may be facilitated by the banking sector’s digital revolution. It discusses the fundamentals of FinTech, with a particular emphasis on financial inclusion and associated concerns. Moreover, current research aims to contribute to the understanding of how the recent digital transition can benefit disadvantaged target groups. Field observation and a mixed qualitative and quantitative approach allowed collecting empirical data to support the research findings and discussions. It was found out that, even though there is an effective potential for the digital transition to be impactful in the financial inclusion of the unbanked, a long path has yet to be crossed to achieve a successful result with this inclusive e-wallet.

KW - Digital transformation

KW - Banking

KW - Financial inclusion

KW - FinTech

KW - BIM Peru

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DO - 10.1007/978-3-031-09360-9_24

M3 - Conference contribution

SN - 9783031093593

T3 - Lecture Notes in Mechanical Engineering

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BT - Innovations in Industrial Engineering II

A2 - Machado, José

A2 - Soares, Filomena

A2 - Trojanowska, Justyna

A2 - Ivanov, Vitalii

A2 - Antosz, Katarzyna

A2 - Ren, Yi

A2 - Manupati, Vijaya Kumar

A2 - Pereira, Alejandro

PB - Springer

CY - Switzerland

Y2 - 28 June 2022 through 30 June 2022

ER -

Financial inclusion through digital banking: the case of Peru

Resumo

Série de publicação

Conferência

ODS da ONU

Acesso ao documento

Outros arquivos e links

Impressão digital

Projetos

CEGE: Research Center in Management and Economics

Citação