Fintech Insider Podcast by 11:FS cover image

717. Insights: Why should governments embrace new payment technologies?

Fintech Insider Podcast by 11:FS

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Is There a Need for Financial Services?

Jay Parikh: Financial services is the backbone of every modern economy. When you aren't allowed to work in a space or you don't have the proper infrastructure to operate on a global scale, you have to make do with what you can or build a totally new environment for your business. He says that when money stops moving anywhere, it's when money stop moving that you're in a really big problem. "It's almost a right rather than a piece of functionality embedded in a mobile app," he adds.

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