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Collaborating with Mexican fintech companies has led to exciting progress in areas that have traditionally been overlooked. “New players in the market are leveraging advanced technologies to improve risk assessment by accessing better data,” Gabrielle explains.
“Through these partnerships, I’ve encountered dedicated individuals who take pride in how their services contribute to the nation’s development. They are customizing credit profiles using a range of factors and adjusting card features to meet individual requirements.”
Instant payment systems have proven to be effective tools for enhancing financial literacy, especially in fast-growing economies.
“In India, these systems have emerged as a key resource for financial education, helping people learn to manage digital currency,” Gabrielle notes.
“One of the challenges we face is transitioning from instant payments to credit options, utilizing payment histories for credit assessments. This is already taking place in India, and it adds significant value to instant payment systems because the financial knowledge gained allows individuals to access more sophisticated payment solutions without having to start from square one.”
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