In individuals, insanity is rare; but in groups, parties, nations and epochs, it is the rule. Friedrich Nietzsche
“A phone can tell a lot more about customers than they agree to tell by their own. Moreover, an access to a mobile phone will give more diverse and reliable information than a passport or other papers can,” the co-founder of MicroMoney Anton Dziatkovsky said.
Read More
Emerging market consumers, in the same way, skip traditional banking services and move to online wallets, payday loans cards, P2P credits and to online applications for loans that can be taken via smartphones! That happened since people found it is much easier and faster to do it by phones, however, this fact formed a new trend in financial services.
Read More
According to the McKinsey, two billion individuals and 200 million micro, small, and midsize businesses on emerging markets today lack access to savings and lending service, and even those with the access have a limited range of financial products.
Read More
Western Union is making a lot of money and generating a lot of float for its size. It’s also easy to see why its stock value is going up. Ycharts reported that investors were rewarded with a dividend yield of 3.13% and a return on equity of 63.2% on September 16, 2016.
Read More