Tag "World Economic Forum"

Banks should be more concerned about Regulation and the growing power of big cloud firms, rather than fintech startups: WEF report

Fintechs have materially changed the basis of competition in financial services, but have not yet materially changed the competitive landscape, according to a new report released on Aug 22 by the World Economic Forum with support from Deloitte Consulting. The

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What Asia Can Learn From Africa To Succeed in Fintech For Unbanked?

Facebook is currently considering acquiring mobile money giant M-Pesa in Kenya. One month ago Visa payments network introduced a mobile-phone application to enable cashless transactions in Kenya too. The mVisa app will initially facilitate transactions for people with accounts at

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