Finance: 2021 will focus on the unbanked

 

The world of finance will keep on changing in 2021 and many of the amendments will focus on unbanked customers. These are those who cannot access the same services, such as online payment solutions, as others. According to a study from The World Bank Group’s Global Findex Database, approximately 1.7 billion adults do not have access to a traditional bank account. As such, these coming days will see players such as government agencies come together with fintech firms to cater to these individuals by creating innovative settlement methods.


Fintech offers services for unbanked customers © Royalty-free image  

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