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“We spent more than $9.5 billion in technology firmwide, of which approximately $3 billion is dedicated toward new initiatives. Of that amount, approximately $600 million is spent on emerging fintech solutions—which include building and improving digital and mobile services and partnering with fintech companies.”
Tags » Financial Technology
FinTechs Solving Problems
The Philippines boasts a growing number of FinTech companies seeking to tackle the issue of financial inclusion. Such companies are typically in sectors such as lending and payments, as these are key areas that effect the underbanked. 1,244 more words
The analyses below summarize where Financial Technology (Fintech) innovations are occurring. The graphic includes data through April 2017.
The above map shows the number of Fintech companies located in different countries. 67 more words
Considered, many people these days are facing financial anxiety and are still searching for answers. Regrettably, there are no easy answers for this. Consumers these days are flooded with credit opportunities by various banks and institutions.But, without facts and comprehensions, it’s easy to end into financial troubles. 147 more words