Our Assessment
Technology is fast changing the landscape of financial services, and in dramatic ways, as the financial services industry builds the ‘rails’ that enable payment and transaction access. But providers, regulators and support institutions need to ensure that the financial services that follow provide value and quality to the passengers who climb aboard.
Now, we want to hear from you! How do you think the world is doing on Technology?
9 Comment(s)
Tim Liu
POSTED ON OCTOBER 7, 2015 at 9:35 AM
We belive that Technology has been making huge contribution to worldwide financial inclusion developmnet. In China, thanks to digital finance booming growth, dults from urban and rural areas could share easy and low cost of access to finance without traditional banking accounts. Digital banks like MyBank of Alibaba could provide small loans with US$500 in 5 second to client in far away. Alipay has become the main factor leading the current finacial reform in China.
LILIAN
POSTED ON OCTOBER 31, 2015 at 9:55 PM
In Nigeria, technology has changed lifestyle, it has touched every area, financial sector, education sector, family, etc. The effect is ripple in nature. However, rural women are not fully taking advantage of technology. The first reason is because they are not educated, second they think its for children of “these days” as they often coin it. I believe alot can be done to enable them enjoy the benefits. Providing education that is designed to aid them in understanding how technology can help them is key, along side is teaching them to use this technology at their level too. Also designing these technological gadgets to send and receive information in their local dialet can go along way.