AI Will Give Rise To FinTech 2.0 and Longevity Banks
Over the past 100 years the financial industry has largely excluded people in retirement. Even today tech entrepreneurs are ignoring financial inclusion for people over 60, who make up the wealthiest part of the financial system, and instead, are developing financial products for younger people. The most valuable and capable client demographic in terms of purchasing power are the citizens of the 7th Continent which is made up of 1 billion people over 60. The global spending power of this demographic is expected to be $15 trillion this year. Who will serve this market?
Feb-1-2020, 01:44:30 GMT
- Country:
- Asia
- Middle East > Israel (0.05)
- Singapore (0.06)
- Europe
- Switzerland (0.09)
- United Kingdom (0.15)
- North America > United States
- California > San Francisco County > San Francisco (0.05)
- Asia
- Industry:
- Banking & Finance > Trading (0.98)
- Technology:
- Information Technology
- Artificial Intelligence (1.00)
- Communications > Social Media (0.40)
- e-Commerce > Financial Technology (0.64)
- Information Technology