The week's pick
Reseach Article
An Innovative Information System that Provide Financial Inclusion
| International Journal of Computer Applications |
| Foundation of Computer Science (FCS), NY, USA |
| Volume 77 - Number 1 |
| Year of Publication: 2013 |
| Authors: Ana Ktona, Ilia Ninka |
10.5120/13358-0951
|
Ana Ktona, Ilia Ninka . An Innovative Information System that Provide Financial Inclusion. International Journal of Computer Applications. 77, 1 ( September 2013), 18-25. DOI=10.5120/13358-0951
Abstract
New applicative methods have to be studied and implemented in the area of information technology to provide qualitative, fast and secure financial services for all. Many researches' results show that broad access to financial services helps reduce poverty. The present paper analyzes various data collected by request and from face-to-face interviews to identify the underserved population in Albania in terms of financial services. Traditional techniques are applied in the last Living Standards Measurement Survey to identify the needs of underserved population about financial services and their living conditions. The information is of great interest to identify the most appropriate information system which provides secure financial services for all. Reliable financial services are of crucial importance. Further investigations are made to identify the most secure application that works out on a standard phone. Study of the most appropriate user interface and way of communication led us to the conclusion that the use of the SIM Application Toolkit, which offers a simple menu stored on the SIM to the user, is the most secure way to communicate as the best end-to-end security is achieved through it. The functional requirements were created and business process modeling was made. Services needed by users are created using java card programming language. Agents and mobile operators will make a major contribution in the proposed information system.
References
- Beck T, Demirgüç-Kunt A, Levine, R. 2007. Finance, Inequality and the Poor. Journal of Economic Growth 12: 27–49.
- Beck T, Demirgüç-Kunt A. Finance: Pro-Poor and Pro-Growth. Retrieved July 2013 from: http://siteresources. worldbank. org/DEC/Resources/Note_Finance_and_Poverty. pdf
- Jack W, Suri T. 2009. Mobile Money: The Economics of M PESA. Working paper retrieved from http://www. mit. edu/~tavneet/M-PESA. pdf
- Consultative Group to Assist the Poor (CGAP), The World Bank Group. 2009. Financial Access 2009: Measuring Access to Financial Services around the World. Washington, DC: CGAP and the World Bank Group. Available on line: http://www. cgap. org/ gm/document-1. 9. 38735/FA2009. pdf
- Consultative Group to Assist the Poor (CGAP), The World Bank Group 2010. Financial Access 2010: The State of Financial Inclusion Through the Crisis. Washington, DC: CGAP and the World Bank Group. Available on line: http://www. cgap. org/gm/document-1. 9. 46570/FA_2010_Financial_Access_2010_Rev. pdf
- Coudouel A, Hentschel J, Wodon Q. 2002. Poverty measurements and analysis. (In J. Klugman, editor, A Sourcebook for Poverty Reduction Strategies, Volume 1: Core Techniques and Cross-Cutting Issues. Washington, D. C. The World Bank). Available on line: http://siteresources. worldbank. org/INTPRS1/Resources/383606-1205334112622/5467_chap1. pdf
- Institute of Statistics, UNDP, World Bank. 2009. Albania: Trends In Poverty 2002–2005–2008. Tirana. Available on line: http://www. instat. gov. al/media/37906/living_standard_measurement_survey_2008. pdf
- Institute of Statistics. LSMS. http://www. instat. gov. al/en/figures/statistical-databases. aspx?expand=LSMS
- Institute of Statistics. 2007. Incomes: Household Budget Survey, 2006–2007. INSTAT, Tirana. Available on line: http://www. instat. gov. al/en/themes/household-income. aspx
- Institute of Statistics, Institute of Public Health. 2010. Albania Demographic and Health INSTAT and IPH Survey, 2008–2009. Tirana. Available on line: http://www. unicef. org/albania/ADHS_2008-09-English. pdf
- Bank of Albania (BoA). 2013a. Supervision Annual report 2012. Bank of Albania, Tirana. Available on line: http://www. bankofalbania. org/web/2012_Supervision_Annual_Report_6603_2. php
- Bank of Albania (BoA). 2013b http://www. bankofalbania. org/web/pub/atm_dhe_pos_2013_mars_5775_1. pdf
- Authority of Postal and Electronic Communications (APEC). 2013. Statistic indicators of the electronic communications market 2012: Mobile Telephony, Fixed Telephony, and Internet. On Page: 6. APEC, Tirana. http://www. akep. al/images/stories/AKEP/statistika/TREGUESIT-STATISTIKORE-2012-090713. pdf
- Institute of Statistics. 2011b. Return response: Access of community services.
- ASMONIA 2011. Threat and Risk Analyses for Mobile Communication Networks and Mobile Terminals, ASMONIA Consortium, Germany.
- Jim Attridge (2002) An overview of Hardware Security Modules, SANS Institute.
- 3rd Generation Partnership Project; 3GPP TS 11. 14: Specification of the SIM Application Toolkit for the Subscriber Identity Module - Mobile Equipment (SIM - ME) interface. 3GPP
- 3rd Generation Partnership Project; 3GPP TS 03. 48: Technical Specification Group Terminals; Security mechanisms for the SIM application toolkit. 3GPP
- 3rd Generation Partnership Project; 3GPP TS 03. 19: Technical Specification. Subscriber Identity Module Application Programming Interface. 3GPP.
Index Terms
Keywords