Monthly Archives: January 2016

The Uberization of Underserved Financial Services

How can the mega big financial institutions really serve the underserved? Last week American Express announced a massive restructuring of their enterprise growth division, which houses the Serve Prepaid Product. Is this bad news for the undeserved industry that a marquee financial services company could be leaving this market segment? (more…)
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Can M-Pesa Happen Here?

Must see TV for Fintech and Underbanked followers is the 60 minutes piece on M-Pesa http://cbsn.ws/1NKzzUP. 90% of the country use mobile money. 19 million Kenyans pay for everything from taxis, cows, water, to solar electricity with M-Pesa.  They call is the “Sahara Valley”. Why does it work so well in a country where the average…
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