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Whether its food, finances, or tickets to a football game, Americas highly connected consumers want it fast and they want it easy.聽While the a
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stanley cup anything done digitally has never been easier, the ability to do it in one place is still highly limited, at least in the U.S., where the typical mobile users will switch between a dozen different apps or more each day.聽聽Unlike much of Asia, where super apps like WeChat and AliPay have been at the center of daily life and commerce for nearly a decade, an American version of the digital one-stop-shop has not yet emerged.Just Around the Corner From Being Just Around the CornerBut some clues suggest maybe the U.S. isnt as far away as many critical observers might think. Start with the fact that PYMNTS research shows that digital wallets are catching on in a big way, according to findings in The Mobile Wallet Challenge: Replacing Physical With Digital. Within this increasingly mobile realm, an all-in-one ecosystem has the potential to be a highly attractive, captive commerce environment.This, as U.S. and U.K. supermarket retailers increasingly聽tell PYMNTS聽they are planning to add mobile-first payment options to their grocery checkout suite and within their own apps.What might come next Maybe its healthy eating recommendations in supermarkets, video-chat nutritional consultations linked to grocery lists, or intra-platform communication with a smart fridge at home to see whats needed. That sure sounds like a sup Lofo Bitcoin For Night Owls
The worlds unbanked population needs new services and could benefit from a new approach from financial institutions, MasterCard Advisors finds.In the research effort by Amit Jain, principal at the Global Payments Strategy Knowledge Center with MasterCard Advisors, key takeaways include the fact that myths about the people with little or no active use of financial products could be hindering the ability of financial institutions and other stakeholders to deliver services.One of the myths may color the others: The perception that the unbanked lead static, or simply do not have, financial lives. In this way the potential size of the unbanked opportunity is underestimated by the notion that these individuals/households have limited funds to manage and cannot do much with those funds.Broad numbers show that there is indeed income, and movement of that income, among the unbanked p
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stanley us s globally. According to Jain, the bottom 40 percent of the global population earns roughly $3 trillion in annual income, as measured by the categories of low and middle income economies, which in turn represent unbanked individuals. Five years from now, in 2020, that same population will collectively earn $5.8 trillion annually 鈥?in real, not nominal, dollars. In presenting individual nations as refutations of the myth that the unbanked are financially static, Jain writes that in Nigeria, the unbanked account for more than $50 billion in customer
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