Why the world is due a revolution in financial education

What will the future of finance look like in the new decade? A question on many aspiring financial professionals’ minds, it is one that leads to a variety of answers. From the perspective of Marcus Treacher, the Senior Vice President (SVP) of Customer Success at US blockchain startup Ripple Labs Inc, the future of finance will see new consumer purchase solutions emerge for travellers that don’t require cards or card rails. “For example, imagine if a Japanese tourist visiting Thailand could buy goods using a mobile app or QR code, triggering an immediate cross-border payment from their Japanese yen account to a Thai baht merchant’s account. If more consumer purchase solutions start leveraging blockchain technology in the same way, the payoff will – quite literally – be huge!” he wrote. And with the speedy rise of tech-based solutions, Treacher also believes that the global economy will see continued growth of micro and wallet payments to support immediate, low-value payment flow.

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