Finance & Banking
Real-world frictions in money and banking. They include difficult ATM interfaces, uncertain digital payments, slow international transfers in emergencies, high-interest loans and subscriptions that are hard to cancel.
10 frictions
- Investment Decisions Feel Too Complex for Ordinary People FJ-000053
- Online Gambling and Betting Can Cause Sudden Financial Harm FJ-000054
- International Money Transfers Can Be Too Slow During Emergencies FJ-000055
- Digital Payments Become Uncertain When Transactions Are Delayed or Networks Fail FJ-000056
- ATM Interfaces Remain Difficult for Many First-Time and Low-Literacy Users FJ-000057
- People Lack a Simple Way to Be Warned Before They Overspend FJ-000076
- People in Financial Emergencies Are Left With Very High-Interest Loans When Banks and Friends Cannot Help FJ-000085
- Most People Never Learn How the Stock Market Works, and Few Take Part FJ-000094
- Subscriptions Can Be Easy to Start but Hard to Find, Understand, and Cancel FJ-000129
- When a Currency Counting Machine Stops or Raises an Alert, the Cashier Must Decide Whether the Count Can Still Be Trusted FJ-000187