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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