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Documents Essex EC248-2-SP Lecture 9 Financial Innovations: Nonbank Finance and Electronic Money Alexander...

Slide 1Essex EC248-2-SP Lecture 9 Financial Innovations: Nonbank Finance and Electronic Money Alexander Mihailov, 13/03/06 Slide 2 9-2 Plan of Talk Introduction 1.Disintermediation…

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1. Banking in every communityIgnacio Mas International Growth WeekLondon, 21 September 20111 2. The success of M-PESA in KenyaIn just 3.5 years…(data as of Sep 2010 based…