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"The administration's multitrillion-dollar social spending package, widely considered the most comprehensive climate legislation ever put forward in the US, must survive razor-thin Democratic majorities in Congress...The bill includes a program of payments and penalties to ensure utilities phase out fossil fuels from America's electricity supply, a huge expansion in tax credits for clean energy and new restrictions on methane, a potent greenhouse gas that is emitted from oil and gas drilling."

Describes how 1.7 billion people are still very limited financially--no bank acounts or ability to obtain credit. This limitation stifles growth in various parts of the world. Technology can change this by sharing informatoin digitally between consumers and institutions.

More than 80 percent of Gen Z and Millenials are using a money transfer app - compared to 50 percent of baby boomers More than 80 percent of respondents have not used a buy-now-pay-later (BNPL) and nearly 75 percent avoid credit card debt generally or entirely MX, Finn AI, Q2 and Rival Technologies' white paper explores the use of financial products and services by baby boomers, millennials, and Gen Z

Yes, don't forget the Retail Trading boom with the increase in investment app usage. The 0% commissions a trade started by RobinHood disrupted major Brokers to compete. Think Or Swim and China's Webull are also big ones.

"Fun" facts about the current state of payday lending in the US

Global Sales Brands (Mercedes, IKEA, Walmart, Amazon)-companies with extensive data about their consumers will use fintech to offer financial services to customers, profiting from good risk and pushing bad risk to banks and insurance companies. So far this year, investors have poured $4.25 billion into embedded finance startups, almost three times the amount in 2020

Impacts and Implications are huge...great find!