Carol Realini and Karl Mehta's Financial Inclusion Book is more than the story of 2.5 billion unbanked people. It tells the stories of entrepreneurs at the forefront of Financial Technology (FinTech)—one of the hottest global industries. FinTech companies offer digital solutions for mobile money, … [Read more...]
FinTech Industry Booming, Fragmenting Worldwide
Reading about the massive growth of the financial technology or FinTech industry, for short, is mind-boggling. While some claim that investment in FinTech start-ups is slowing, others, especially in Asia, see no end in site. TechCrunch writes in a recent article that "FinTech" was one of the top … [Read more...]
Innovative FinTech Solutions Increase Customer Satisfaction
Would you use a mobile banking service that doesn't meet your needs or confuses you? Probably not unless you like pain. But innovative FinTech solutions, customized for each person, are the future of financial technology. Companies like Juntos are addressing customer satisfaction issues. Talk to … [Read more...]
Small Depositors: A Diamond in the Rough
When bankers really let their hair down, a universal comment emerges: “We don’t know how to make money from small depositors.” Complicated fee structures and high-margin products designed for big-ticket consumers have floated the financial services industry for a long time. Success Comes from … [Read more...]
Mobile Merchant Accounts Must Grow in Emerging Markets
If only 1 in 10,000 merchants accepted your debit card, would you still carry it, or would you ditch it for cash? The answer probably feels a little obvious: I’d ditch it for cash! That’s because the payments industry represents a “two-sided market”. Someone needs to issue payment instruments to … [Read more...]
