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Banks and FinTechs Seek to Work Together to Reach Consumers in Emerging Markets

Brazil demonstrates how a smartphone may increase financial inclusion and provide underprivileged individuals with access to bank accounts. According to Mario Shiliashki, CEO of PayU Global Payments, bringing financial services to underserved populations and assisting them in moving beyond cash-based transactions will require extensive, collaborative efforts between traditional and nontraditional financial services players and regulators….

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