What Mobile Banking Means for the Digital Economy?

Everyone talks about “fintech.” But, fintech is nothing more than clever applications of financial technology to solve problems for consumers and businesses. Going Digital Between 2004 and 2016, the digital economy expanded at an annual rate of 5.6%, which was nearly four-times as fast the rate of the non-digital economy. Technological advances are making it possible to do things that we would have thought were science fiction just a decade ago. One of these simple advances is mobile banking. The introduction of the iPhone provided consumers with a supercomputer at their fingertips, so it was only a matter of time…...