Brookfield Asset Management Voting Ord Shs Class A T.BAM

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Sponsored Post Cash applications have seen a move in usage since the health crisis has started. Payment apps also have seen a move in users and activity, according to app analytics. Could this system stand for years? Find it out here.

The possible reason behind this move isn’t completely clear, but it’s presumably driven by the developing necessity to support friends and family who could be affected by the economic fallout, by sending them money in a possibly effortless and safe (not in-person) way. This was further facilitated by the government that could enable direct deposits of its stimulus payments to digital wallets.
 
But here’s the potential problem these apps could only serve BANKED users. There possibly remains a large segment of people who use mobile banking services possibly very little or not at all – these are the “underbanked” and “unbanked.” Let’s take a closer look at what could be going on around the world. Check disclaimer on profile and landing page.