, we identify four emerging markets — India, China, Brazil, and Kenya — that represent a glimpse into what the future of banking and payments looks like in emerging markets. Each market is at the forefront of payments innovation in the developing world and represents a unique approach to the transition to the digital economy that can serve as a strategic example for other emerging markets looking to achieve the same goals.
India highlights the ability to enact government initiatives to turn smartphone innovation into access to the formal economy. Kenya showcases how firms can leverage utilities like telecom access to build out financial services' access to the mainstream.Identifies four emerging markets that are at the forefront of payment innovation in the developing world: India, China, Brazil, and Kenya.
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