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Are Banks the Next Dinosaurs?

thebarefootvc

We just have to look at emerging markets that don’t have financial infrastructure in place to see how nonbank entities are utilizing mobile connectivity, advanced data analytics and social channels to provide financial services to 2.5 billion unbanked adults (half of the world’s adult population).

article thumbnail

Are Banks the Next Dinosaurs?

thebarefootvc

We just have to look at emerging markets that don’t have financial infrastructure in place to see how nonbank entities are utilizing mobile connectivity, advanced data analytics and social channels to provide financial services to 2.5 billion unbanked adults (half of the world’s adult population).