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  • How are banking innovations going social?
  • How are banking innovations going social?
    Wired (2015) ©
Snapshot

A sector snapshot of money

What is ‘connected commerce’? How are banking innovations going social? Why is everyone becoming an entrepreneur? And can behavioural economics help people save?

Location Global

With mobile payments worldwide expected to rise 60% in 2015, people are putting away the cash and picking up their smartphones. Commerce is becoming connected.

At the same time, brands are tapping into social networks – both digital and physical – making payments easy, and turning friends into a credit score.

To get consumers financially fit, a number of services are using behavioural economics – nudging users to help them save. People are also taking advantage of the ability to monetise anything from iPhone snaps to old clothes, and investing is now easier than ever thanks to ...

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