HOUSTON, Nov. 23, 2015 /PRNewswire/ -- A confluence of technologies has allowed the sharing economy to grow rapidly in many industries, including the banking sector, and is changing consumer behavior in a way that will have far-reaching consequences, BBVA Compass economists say in a new report. "The basics of the sharing economy have always existed, as owners of underutilized assets such as a car or an empty guest room searched via bulletin boards or newsletters for those who desired the temporary use of such assets," the economists write. "What has changed is the emergence of mobile software platforms that allow these two parties to easily come together whenever and wherever they wish." The...
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