Fintech Firms Upend Traditional Banks’ Foothold in Emerging Markets (James Comtois/ETF Trends)

James Comtois / ETF Trends
Fintech Firms Upend Traditional Banks’ Foothold in Emerging Markets – Within emerging markets, fintech firms are now competing in a space once dominated by traditional banks, providing service to unserved or underserved consumers. New, lower-cost banking models have displaced older business models and given consumers whove been previously excluded from traditional banking systems access to new services. For example, when …

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