ECONAMASTE | Mistweeted by Steve Faktor 8A | The McFuture Podcast
Another gem featuring Steve Faktor’s wisdom & wisecracks on economics & finance with a touch of Zen only he (or Steven Seagal) could deliver
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Do The Poor Need Bank Accounts…Or Something Else?
According to The World Economic Forum, 1.7 billion adults don’t have access to bank accounts. Since starting at MasterCard in 2001 and throughout my time at Citi and American Express, I’ve seen “the unbanked” on almost as many slides as “data”. Both, were supposedly huge, untapped opportunities. (And at ruthlessly pragmatic financial firms, they shared the …
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