Valerie Hernandez

Why Banks Ought to be Wary of the Rapid Rise of Super-Apps

banks. Dec 16, 2022

“According to Insider Intelligence, the super app model in Asia took off thanks to two factors: 1) unbanked populations jumping to mobile payments, and 2) strict app marketplace regulations,” Ron Shevlin, chief research officer at Cornerstone Advisors, wrote in an August 1 article for Forbes. “Neither of these factors is present in the US."

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