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Podcast: Fintech Insider Podcast by 11:FS
Episode: 543. Insights: Why is the gig economy so underserved?
Description:
Our expert host, Sarah Kocianski, is joined by some great guests to dive into the gig economy.
The gig economy is en route to generate $455 billion globally by 2023, and in 2020 gig workers represented around 35% of the US workforce. There currently is no universal definition of a gig worker, but one common explanation is that gig workers are independent contractors or freelancers who typically do short-terms work for multiple clients.
Why is it so difficult for financial services companies to cater to gig workers? Are the workers' financial needs too unusual? What impact does a growing...