Latin America’s unfinished financial revolution
Brazil’s Pix transformed payments for millions of users. The entire region can go further, by building on models from India and Singapore to close a large credit, insurance and identity gap.
Banking
India’s billion-user bet on public digital rails
India built the world’s largest public digital finance infrastructure. The next challenge is turning unprecedented access into more financial participation.
Who really pays for digital finance?
Sociologist Barbara Brandl on how credit cards redistribute wealth upward, why fintech innovation is happening outside the West, and the surprising case for cash.
Financial inclusion in Brazil: From unbanked to over-indebted?
Building out a public digital payment system helped connect Brazil's poor to financial services. That’s been mostly a good thing, but more needs to be done to deal with the debt downsides.
The dangerous unpopularity of finance demands reform
Trust in the financial industry is low among consumers, thanks to opaque fees, bespoke benefits and complex offerings. Standardizing products and lessons from medical industry reforms offer a better way forward.
Can the banks survive fintech? Insights from Switzerland
Disruptive innovations are eating away the advantages held by financial system incumbents. A look at Switzerland’s banking industry reveals lessons for navigating the tumultuous future.