IN SPOTLIGHT
The Shift in Technological Platforms and Business Ecosystems Over Time
Every 50 years or so, according to Kondratieff wave theory, capitalist economies reorganise themselves around a new technological foundation, sparking the rise of new business ecosystems. Where are we now in that cycle—and what might the next foundation look like?
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How ‘Buy Now Pay Later’ is Disrupting Finance
A new wave of Buy Now Pay Later (BNPL) services, which allow consumers to buy an item and pay later in interest-free instalments, have lately been shaking up the traditional credit card business. As a low-commitment, user-friendly and budget-focused alternative to credit cards, BNPLs are particularly favoured by tech-savvy Millennials and Generation Z, who are wary of credit cards.