• Digital Wallets, fintech, financial transformation, ark invest, fin tech, innovation research, ark fintech, fintech etf

    Will Bank Branches Give Way to Digital Wallets?

    by | Digital
    Mentioned Companies: AAPL, PYPL, sq

    Digital wallets are emerging and could upend traditional branch-based banking networks globally during the next five to ten years. Already in China and Kenya, Alipay and M-Pesa have on-boarded hard-to-reach customers with digital wallets, offering access to payment platforms, investments, loans, insurance and asset management. Such wallet ecosystems are revolutionizing the delivery of banking products […]