/financial inclusion

Níamh Curran

Anne Boden on supporting female fintech founders

Níamh Curran - Senior Reporter - Finextra
Discussion
Climate Scorpion: The Sting is in the Tail - Introducing Planetary Insolvency
Mark Sibthorpe

Mark Sibthorpe

  Good grief! Are these really the people in charge of making decisions related to the future of our planet. 
The rise of the financial super app
Joris Lochy

Joris Lochy

  Thanks for sharing this blog. Very interesting. Might be interesting to have a look at a blog I wrote about 4 years ago: https://www.finextra.com/blogposting/19211/from-app-to-super-app-to-personal-assistant, also about the super-apps.
The Future of Banking: Beyond Products, Towards Experiences
Ketharaman Swaminathan

Ketharaman Swaminathan

  Since the dawn of online commerce in the mid-1990s, if not earlier, ecommerce commerce have always integrated credit card, eCheque, cash on delivery, and other payment modes into their websites and workflows. IMO the addition of BNPL now is nothing new and does not qualify as Embedded Finance.   Not that banks ever claimed to provide end-to-end financial experiences but they at least sold a plethora of products that customers could pick and choose to achieve their financial goals. Fintechs came into existence to unbundle various products and thereby create disjointed financial experiences. They have flopped in their endeavor to thus inflict "death by thousand cuts" to banks. Their failure has only validated the traditional business model of banks to stick with products instead of getting into experiences.   Furthermore, as Matt Levine highlighted on the back of the collapse of SVB and other regional banks in USA last year, "a bank with sleepy depositors would do well, a bank with antsy depositors would go bust". Two years after the end of ZIRP and rise of interest rates to 4-5%, the #1 bank in USA still offers only 0.01% interest. Therefore, I don't see banks ever promoting their customers' financial literacy. Given how various banking charges allegedly affect the financial health of their customers adversely, the best we can expect from banks is that they don't promote financial ILLITERACY. 
UK fintech to be elevated to 'ubiquitech' with Smart Data Roadmap, new report reveals
Andrew Smith

Andrew Smith

  I think some of the commentary in here shows a lack of understand of privacy and the challenges. It also shows a lack of understanding on how you can deliver trust without compromising on privacy. It's a grave concern that we still do not understand the importance of digital privacy, without it we are all exposed to a host of issues.