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FinTech Advances Bring Financial Freedom to Global Workers

The efficiency and ‘anytime-anywhere’ availability of the digital economy is a well-known and loved facet of the western world. We can transfer funds between accounts, deposit checks using our smartphones, and even split the bill at dinner with the use of a few emojis. However, experiencing FinTech as a new and exciting frontier is quite different for people in numerous countries around the world. For many in developing countries, a cash-based economy is a norm, and digital banking is new – if not uncharted – territory.

Today, there are 164 million migrant workers in the world, many of whom leave home in search of income because jobs are unavailable at home or the available jobs don’t pay ...

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