Mobile money has the potential to cut the number of unbanked individuals by more than a third. According to Mastercard, more than 600 million people today have a mobile phone but not a bank account. When no banking services or financial products are available, people turn to informal providers without any legal protection and spending […]
Tool & Tips for Financial Institutions.
The word millennials causes many reactions, from excitement because of the opportunities this generation offers to confusion for not knowing how to generate customers from this generation them. In the financial sector, the latter can be more frequent. Millennials are those people born between 1981 and 1995, who grew with the millennium. This generation is important because of […]
FinTech industry worldwide has advanced rapidly in 2016. This presents a challenge for established financial institutions, it forces them to update and adapt to the increasingly demanding customers. The Fintech companies found a need in society, which demanded a great innovation from the financial area. Recent studies have shown that over a third of people would […]