Smartphones are Shifting the Economic Center of Gravity

In this episode of Agents of Change, Colm McDonagh of Insight, a part of BNY Mellon Investment Management, explores how smartphones are influencing changes in retail banking, politics and debt markets in the developing world.

Smartphones have become a part of our daily lives, but they are more than just a handy personal accessory. The near-ubiquity of smartphones in many developing countries has created a new, fruitful environment for new business opportunities, and the ease with which money can be transferred via smartphone is shifting the economic center of gravity away from traditional institutions. In this episode of Agents of Change, Colm McDonagh of Insight, a part of BNY Mellon Investment Management, explores how smartphones are influencing changes in retail banking, politics and debt markets in the developing world.

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