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New Frontiers in Banking Services: Emerging Needs and Tailored Products for Untapped Markets

Luisa Anderloni ; Maria Debora Braga ; Emanuele Maria Carluccio (eds.)

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Institución detectada Año de publicación Navegá Descargá Solicitá
No detectada 2007 SpringerLink

Información

Tipo de recurso:

libros

ISBN impreso

978-3-540-46497-6

ISBN electrónico

978-3-540-46498-3

Editor responsable

Springer Nature

País de edición

Reino Unido

Fecha de publicación

Información sobre derechos de publicación

© Springer-Verlag Berlin Heidelberg 2007

Tabla de contenidos

Introduction

Benoît Jolivet

Protein domains are the building blocks of proteins, and their interactions are crucial in forming stable protein-protein interactions (PPI) and take part in many cellular processes and biochemical events. Prediction of protein domain-domain interactions (DDI) is an emerging problem in computational biology. Different from early works on DDI prediction, which exploit only a single protein database, we introduce in this paper an integrative approach to DDI prediction that exploits multiple genome databases using inductive logic programming (ILP). The main contribution to biomedical knowledge discovery of this work are a newly generated database of more than 100,000 ground facts of the twenty predicates on protein domains, and various DDI findings that are evaluated to be significant. Experimental results show that ILP is more appropriate to this learning problem than several other methods. Also, many predictive rules associated with domain sites, conserved motifs, protein functions and biological pathways were found.

- Introduction | Pp. 1-2

Access to Bank Accounts and Payment Services

Luisa Anderloni; Emanuele Maria Carluccio

Protein domains are the building blocks of proteins, and their interactions are crucial in forming stable protein-protein interactions (PPI) and take part in many cellular processes and biochemical events. Prediction of protein domain-domain interactions (DDI) is an emerging problem in computational biology. Different from early works on DDI prediction, which exploit only a single protein database, we introduce in this paper an integrative approach to DDI prediction that exploits multiple genome databases using inductive logic programming (ILP). The main contribution to biomedical knowledge discovery of this work are a newly generated database of more than 100,000 ground facts of the twenty predicates on protein domains, and various DDI findings that are evaluated to be significant. Experimental results show that ILP is more appropriate to this learning problem than several other methods. Also, many predictive rules associated with domain sites, conserved motifs, protein functions and biological pathways were found.

- Part I | Pp. 5-105

Access to Credit: the Difficulties of Households

Laura Nieri

Low- and moderate-income households who use alternative financial service providers pay a high price to convert their income into cash, pay their bills, and obtain credit, and they lack a regular means to save. The high cost of alternative financial services undermines key income redistribution policies for the poor, including the EITC. Existing banking products are often not well designed to meet the needs of the poor, and few banks compete with alternative financial services providers for low-income customers, particularly in low-income neighborhoods. The cost to individual financial institutions of research, product development, account administration, staff training, marketing and financial education with respect to new financial products for the poor, relative to their expected financial return, means that the market is unlikely to change quickly on its own. In addition, network externalities in electronic payments systems and distribution networks suggest that net social benefit could be obtained through further expansion.

Financial and technological innovation has been a hallmark of U.S. financial markets. Financial institutions can harness that innovation to meet the needs of low-income Americans. Governmental incentives appear to be important to catalyze private sector efforts to use financial and technological progress to expand access to financial services for low- and moderate-income families. By helping these families to enter the financial services mainstream, the policies outlined here can help to transform financial services for low-income persons. Such a transformation is a key to promoting greater economic opportunities for low-income households.

- Part I | Pp. 107-140

Access to Investments and Asset Building for Low Income People

Maria Debora Braga

Low- and moderate-income households who use alternative financial service providers pay a high price to convert their income into cash, pay their bills, and obtain credit, and they lack a regular means to save. The high cost of alternative financial services undermines key income redistribution policies for the poor, including the EITC. Existing banking products are often not well designed to meet the needs of the poor, and few banks compete with alternative financial services providers for low-income customers, particularly in low-income neighborhoods. The cost to individual financial institutions of research, product development, account administration, staff training, marketing and financial education with respect to new financial products for the poor, relative to their expected financial return, means that the market is unlikely to change quickly on its own. In addition, network externalities in electronic payments systems and distribution networks suggest that net social benefit could be obtained through further expansion.

Financial and technological innovation has been a hallmark of U.S. financial markets. Financial institutions can harness that innovation to meet the needs of low-income Americans. Governmental incentives appear to be important to catalyze private sector efforts to use financial and technological progress to expand access to financial services for low- and moderate-income families. By helping these families to enter the financial services mainstream, the policies outlined here can help to transform financial services for low-income persons. Such a transformation is a key to promoting greater economic opportunities for low-income households.

- Part I | Pp. 141-181

What Are the Specific Economic Gains from Improved Financial Inclusion? A Tentative Methodology for Estimating These Gains

Philip Molyneux

Low- and moderate-income households who use alternative financial service providers pay a high price to convert their income into cash, pay their bills, and obtain credit, and they lack a regular means to save. The high cost of alternative financial services undermines key income redistribution policies for the poor, including the EITC. Existing banking products are often not well designed to meet the needs of the poor, and few banks compete with alternative financial services providers for low-income customers, particularly in low-income neighborhoods. The cost to individual financial institutions of research, product development, account administration, staff training, marketing and financial education with respect to new financial products for the poor, relative to their expected financial return, means that the market is unlikely to change quickly on its own. In addition, network externalities in electronic payments systems and distribution networks suggest that net social benefit could be obtained through further expansion.

Financial and technological innovation has been a hallmark of U.S. financial markets. Financial institutions can harness that innovation to meet the needs of low-income Americans. Governmental incentives appear to be important to catalyze private sector efforts to use financial and technological progress to expand access to financial services for low- and moderate-income families. By helping these families to enter the financial services mainstream, the policies outlined here can help to transform financial services for low-income persons. Such a transformation is a key to promoting greater economic opportunities for low-income households.

- Part II | Pp. 191-211

From Financial Exclusion to Overindebtedness: the Paradox of Difficulties for People on Low Incomes?

Georges Gloukoviezoff

Protein domains are the building blocks of proteins, and their interactions are crucial in forming stable protein-protein interactions (PPI) and take part in many cellular processes and biochemical events. Prediction of protein domain-domain interactions (DDI) is an emerging problem in computational biology. Different from early works on DDI prediction, which exploit only a single protein database, we introduce in this paper an integrative approach to DDI prediction that exploits multiple genome databases using inductive logic programming (ILP). The main contribution to biomedical knowledge discovery of this work are a newly generated database of more than 100,000 ground facts of the twenty predicates on protein domains, and various DDI findings that are evaluated to be significant. Experimental results show that ILP is more appropriate to this learning problem than several other methods. Also, many predictive rules associated with domain sites, conserved motifs, protein functions and biological pathways were found.

- Part II | Pp. 213-245

The Role of German Savings Banks in Preventing Financial Exclusion

Natalia Bresler; Ingrid Größl; Anke Turner

Low- and moderate-income households who use alternative financial service providers pay a high price to convert their income into cash, pay their bills, and obtain credit, and they lack a regular means to save. The high cost of alternative financial services undermines key income redistribution policies for the poor, including the EITC. Existing banking products are often not well designed to meet the needs of the poor, and few banks compete with alternative financial services providers for low-income customers, particularly in low-income neighborhoods. The cost to individual financial institutions of research, product development, account administration, staff training, marketing and financial education with respect to new financial products for the poor, relative to their expected financial return, means that the market is unlikely to change quickly on its own. In addition, network externalities in electronic payments systems and distribution networks suggest that net social benefit could be obtained through further expansion.

Financial and technological innovation has been a hallmark of U.S. financial markets. Financial institutions can harness that innovation to meet the needs of low-income Americans. Governmental incentives appear to be important to catalyze private sector efforts to use financial and technological progress to expand access to financial services for low- and moderate-income families. By helping these families to enter the financial services mainstream, the policies outlined here can help to transform financial services for low-income persons. Such a transformation is a key to promoting greater economic opportunities for low-income households.

- Part II | Pp. 247-269

Economic Growth and the Financial Inclusion: the Case of Poland

Ewa Miklaszewska

Low- and moderate-income households who use alternative financial service providers pay a high price to convert their income into cash, pay their bills, and obtain credit, and they lack a regular means to save. The high cost of alternative financial services undermines key income redistribution policies for the poor, including the EITC. Existing banking products are often not well designed to meet the needs of the poor, and few banks compete with alternative financial services providers for low-income customers, particularly in low-income neighborhoods. The cost to individual financial institutions of research, product development, account administration, staff training, marketing and financial education with respect to new financial products for the poor, relative to their expected financial return, means that the market is unlikely to change quickly on its own. In addition, network externalities in electronic payments systems and distribution networks suggest that net social benefit could be obtained through further expansion.

Financial and technological innovation has been a hallmark of U.S. financial markets. Financial institutions can harness that innovation to meet the needs of low-income Americans. Governmental incentives appear to be important to catalyze private sector efforts to use financial and technological progress to expand access to financial services for low- and moderate-income families. By helping these families to enter the financial services mainstream, the policies outlined here can help to transform financial services for low-income persons. Such a transformation is a key to promoting greater economic opportunities for low-income households.

- Part II | Pp. 271-298

Italian Banks’ Credit Approach Towards Low-Income Consumers and Microenterprises: Is There a Bias Against Some Segments of Customers?

Eliana Angelini

Protein domains are the building blocks of proteins, and their interactions are crucial in forming stable protein-protein interactions (PPI) and take part in many cellular processes and biochemical events. Prediction of protein domain-domain interactions (DDI) is an emerging problem in computational biology. Different from early works on DDI prediction, which exploit only a single protein database, we introduce in this paper an integrative approach to DDI prediction that exploits multiple genome databases using inductive logic programming (ILP). The main contribution to biomedical knowledge discovery of this work are a newly generated database of more than 100,000 ground facts of the twenty predicates on protein domains, and various DDI findings that are evaluated to be significant. Experimental results show that ILP is more appropriate to this learning problem than several other methods. Also, many predictive rules associated with domain sites, conserved motifs, protein functions and biological pathways were found.

- Part II | Pp. 299-321

Banking the Poor: Policies to Bring Low- and Moderate-Income Households in the United States into the Financial Mainstream

Michael S. Barr

Low- and moderate-income households who use alternative financial service providers pay a high price to convert their income into cash, pay their bills, and obtain credit, and they lack a regular means to save. The high cost of alternative financial services undermines key income redistribution policies for the poor, including the EITC. Existing banking products are often not well designed to meet the needs of the poor, and few banks compete with alternative financial services providers for low-income customers, particularly in low-income neighborhoods. The cost to individual financial institutions of research, product development, account administration, staff training, marketing and financial education with respect to new financial products for the poor, relative to their expected financial return, means that the market is unlikely to change quickly on its own. In addition, network externalities in electronic payments systems and distribution networks suggest that net social benefit could be obtained through further expansion.

Financial and technological innovation has been a hallmark of U.S. financial markets. Financial institutions can harness that innovation to meet the needs of low-income Americans. Governmental incentives appear to be important to catalyze private sector efforts to use financial and technological progress to expand access to financial services for low- and moderate-income families. By helping these families to enter the financial services mainstream, the policies outlined here can help to transform financial services for low-income persons. Such a transformation is a key to promoting greater economic opportunities for low-income households.

- Part II | Pp. 323-351