- ACCORDING to the World Bank, in 2017, only 18 per cent of Pakistanis had an account with a financial institution.
- If there is a system in place where customers of a particular bank can not only transact with other commercial banks, but also with telecoms, microfinance banks and fintech start-ups, that enhances the value proposition, and also levels the playing field by breaking network dynamics.
- Browser history, location data — allows for the inclusion of customers who may have traditionally been excluded from the banking system and hence lack a digital and financial footprint, it also increasingly encroaches upon their personal lives.
Digital finance
