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Recommended reading: the solution to the financial isolation of Kenya and Bitcoin

07/15/2014 09:50

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This week we propose a BBVA Research study on the possible solution to the financial isolation of Kenya, an analysis on Fidor, the future of digital banking, and an infographic showing the similarities and differences between Bitcoin and gold.

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This week, we recommend a BBVA Research study on M-Pesa, a financial solution to overcoming isolation in Kenya. According to the report, the lack of financial inclusion in Kenya is fueled by an array of adverse policies and conditions. But the combination of the technology and behavior of the people of Kenya has made M-PESA, a banking and mobile payment system, become a real success.

As recommended second reading, we propose an analysis of Fidor, the so-called "future of banking". And, in those institutions where we will see a big change in the future, trying to cope with the new way to close business deals in the modern era, it seems that the German digital bank, Fidor, has the competitive advantage.

Finally, we recommend an infographic on the similarities and differences between the famous digital currency, Bitcoin, and traditional gold.