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What are Developing Countries Doing to Improve Access to Finance?

The Fintech Times

“Regulatory frameworks are being adjusted to support fintech innovations and foster a conducive environment for financial technology growth. They also tend to be micro and nano lenders, which cater to the lower-income segments who are most in need of financial inclusion. The use of nontraditional data for lending.

Finance 59
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From Investing To Budgeting, How Millennials Are Disrupting Personal Finance

CB Insights

Investing: Robo-advisors and micro-investing lower barriers to entry. Investing: Robo-advisors and micro-investing lower barriers to entry. As with robo-advisors, the rise of micro-investing apps is closely tied to millennials’ financial coming-of-age. Payments: Mobile is replacing cash. As of 2018, the app had 3.7M

Finance 77
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How Payroll Evolves Alongside Cross-Border Payments

PYMNTS

Many businesses, however, continue to operate their global payroll as they would domestic, often with spreadsheets, as well as manual data entry and management. “The role of the micro-multinational is here.” “We are now in a global economy, and I can’t see that ever changing,” Reynolds told PYMNTS.

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Everything You Need To Know About What Amazon Is Doing In Financial Services

CB Insights

Prime Day: Amazon’s plan to adjust payment habits. Its first entry point in the market was in payments in October 2014. Acko reports having 20M customers on its platform for B2C and B2B coverage, as well as third-party micro-insurance for ticket cancellation, ride-hailing, and driver protection.

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24 Industries & Technologies That Will Shape The Post-Virus World

CB Insights

In May 2020, micro-investing app Acorns followed suit, adding a Spend Account alongside its investment and retirement products. Similar lawsuits are likely to become common as insurers adjust the terms of their policies to shield themselves from additional liability. There are also benefits on the business side.

Posting 101
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How are Wealthtech Tools Improving Financial Inclusion?

The Fintech Times

“Easy-to-use digital platforms now allow individuals to interact with their investments and adjust them according to their requirements. “Critically, these wealthtech tools reduce the barriers to entry for individuals who are eager to begin investing. “The retirement investment landscape is another great example.