Ensuring a smooth flow of money as a plumber in the financial world, Investing News & Best Stories

Ensuring a smooth flow of money as a plumber in the financial world, Investing News & Best Stories

Using fintech, or fintech, to disrupt traditional models might sound “cool,” but Mastercard executive Joseph Tom thinks it’s just as much about solving seemingly mundane problems.

Fintech, he notes, has started improving access to remittance services for migrant workers, who otherwise could spend up to 10 percent of their savings on transfer fees and exchange rates. mediocre.

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