Banking for the people, by the people

Yasmine Said

This article from matter(s) looks at how the economic crisis and resultant loss of consumer confidence has spurred the launch of grassroots alternatives, borne out of the frustration and distrust people have with the industry.

Banking for the people, by the people

Yasmine Said Horizon.DraftfcbDubai

The economic crisis and resultant loss of consumer confidence has spurred the launch of grassroots alternatives, borne out of the frustration and distrust people have with the industry.

With the advent of user-friendly applications and websites consumers have greater control over their financial lives, and more appear to be turning their backs on big banks.

Today's state of affairs could signal a shift from yesterday's failed attempt at finance and banking towards a future driven by the masses.

The global financial services industry has been in a world of...

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