In this issue:
WHY THE CORONAVIRUS COULD CAUSE A MAJOR FINTECH SLOWDOWN
The coronavirus outbreak is having a wide range of side effects, from pasta shortages at U.S. grocery stores to a rise in stock prices for videoconferencing companies. The widening ripples could reach far-off distances and unexpected industries, including financial technology.
HIDING IN PLAIN SITE: INFORMAL E-COMMERCE AMONG WOMEN IN ASIA
Nusrat Jisha stumbled into online commerce while helping her sister sell custom-designed saris. In doing so, she discovered that Facebook allowed her to tap into a much larger pool of potential demand. The proof came when she designed a T-shirt protesting harassment of women on public transport. The shirt went viral in her corner of social media and created an impetus for her bustling online commerce business in Bangladesh.
THE MURKY WORLD OF INDIA’S FINTECH SCAMS
Shivam Shukla installed the Paytm app in February to link it with FASTag—a reloadable smart tag operated by the National Highways Authority of India, enabling automated toll payments.
4 HURDLES EVERY FINTECH STARTUP MUST OVERCOME
Fintech, or financial technology, refers to the application of innovative technology solutions within the financial-services industry. Even if you’re not familiar with fintech, most of us have used services like PayPal or Cash App, which fall into the mobile wallet and payments category.
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