Banks should not underestimate Facebook Messenger

Before you say that Facebook is no longer perceived as cool with today’s youth, do you know what is even less cool? Banks.

When you break down the numbers, coolness becomes less relevant. When it comes to user engagement, Facebook’s reigns supreme above all others. WhatsApp has exceeded 1 billion users, and Facebook Messenger reports 900 million users, handling 60 billion messages a day combined — three times the number of traditional text messages. The combination of chat and payments have already proven to be a great success, as exemplified by the launch of Facebook Pay, Snapcash by Snapchat, WeChats integrated payment solution and Kakao Pay in Kakao Talk in South Korea.

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The ultimate guide to fintech in Norway

Fintech is one of the hottest segments in Norway these days, and the fintech scene is growing rapidly. After showcasing promising fintech companies at Money 20/20, the world is now looking to the Nordics for the fintech companies of the future. Activity levels were high in 2015, and by the looks of it, the industry shows no signs of slowing down. The number of fintech companies is increasing steadily, and is joined by excisiting software vendors looking to renew themselves.

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