Jonas Taylor

The financial ecosystem is quickly evolving from a cash-dependent payment system to a digital transaction system. This new system has limitless opportunities for creative business owners to create niches for themselves. Newer industries are making headway into the finance industry, which was entirely run by banks earlier. Nowadays, mobile operators, e-commerce companies, and tech giants … Read more

In this era of speedy digitalization, sending and receiving money online has become more convenient, useful, and accessible to a wider range of people around the world. Now, it is possible to send money to anyone in any part of the world or carry out business transactions with just one click. There are various reasons … Read more

Social media has gradually infiltrated every aspect of the majority of the population’s lives. It has evolved greatly since its early days when it was primarily used for interpersonal reasons like connecting with friends. Nowadays, business marketing, financial transactions, consumer engagement, etc., are also heavily dependent on social media presence. From posting ad copies to … Read more

Financial education is essential to our economy as well as social well-being. Financial education can be imparted in academic classrooms, through social groups, political settings, and even inter-personally. However, the traditional method through which microfinancing opportunities (MOF) are provided by FE. Earlier and more conservative methods had the problem of scalability, as educating a large … Read more

They say data is the new gold. Whoever has the data will control a substantial part of the economy in this increasingly data-dependent trading environment. But this concept has existed in some form or the other over human history. During the early phases of industrialization, and during the advent of democracy, census records became essential … Read more

When we say finance means the difference between life and death, nothing accentuates it better than the reality we witnessed during the pandemic. Inequality was exacerbated during this global catastrophe, and the divide between the haves and have-nots became more glaringly apparent. There was a global economic collapse, where ordinary people were removed from jobs, … Read more

“Scarcity: Why Having Too Little Means So Much” is a book written by Sendhil Mullainathan and Eldar Shafir, and published in 2013. The book explores the concept of scarcity and how it affects our behavior, thinking, and decision-making. In this article, we are going to tell about Scarcity why having too little means so much … Read more

As the microfinancing industry is growing, some of its biggest concerns are also coming out. Banana Skins conducts periodic surveys of the microfinance industry and its risks and the 2014 Banana Skins Report reveals overindebtedness as the biggest concern in the microfinance industry. Not just in the 2014 report, but it was also revealed as … Read more

If you want to start your own small business or need some money urgently for some emergency, microfinancing can be very helpful for you. Microfinancing basically means the provision of small loans, savings, and other financial services to low-income individuals or groups who are typically excluded from the traditional banking system. Microfinancing is often used … Read more

Africa is still in its developing stage. Low-income people still do not have access to banks, bank services, etc. This is why, Honesty: The New Frontier in Formal Financial Services came to Kenya, to make the lives of people easier. The main aim of “Honesty” is to promote honesty and transparency in the financial sector.  … Read more