Banking: Page 6

Finance

Banks Must Take Measures To Promote Online Transactions

They must consider waiving bank charges for online transfers and RTGS transaction charges for customers

News and Trends

Government-Run India Post Payments Bank Now Has 2 Crore Customers

The milestone was achieved in just two years of operation

Money & Finance

How America's Retirement Dream Became a Nightmare

It's not too late to protect yourself from being left out in the cold.

Business News

How Fintech Innovations are Eroding Banking's Dominance

Cryptocurrency and peer-to-peer lending are helping upend norms in consumer finance.

Finance

4 Ways Business Process Management Solutions Can Transform Big Banks

Despite the finance sector's rapid rate of change, the cost of non-compliance is colossal, and there's no question that financial institutions need to change their relationship with compliance

Finance

How Transparent are Mortgages in India

In India, mortgages have been an integral part of real estate growth since the last three decades

Technology

Singapore Startup Fractal Inks Deal with Filipino Fintech to Serve the Country's Unbanked Population

The tie-up would solve a big problem for 45 per cent adults in the Philippines, who say documentation requirements are a major barrier to opening bank accounts

Finance

Powering Next-Gen Digital Banking Using Open Banking APIs and Blockchain Technology

Embracing emerging tools like distributed ledger technology and layering it atop the core banking systems using APIs (application program interface) will allow banks to create a robust yet agile digital platform and disrupt their own business models, instead of sitting on the sidelines watching the challengers disintermediate them

News and Trends

India Post Payments Bank Rolls Out Aadhaar-Enabled Payment System Services

Communications minister Ravi Shankar Prasad asked the differentiated bank to increase its bank accounts count to 5 crore by 2020 from 1 crore at present

Finance

Why Converting a Payment Bank to a Small Bank is a counter-intuitive idea

If such failing and non-profitable payment banks are allowed to lend, the capital would no longer be available

Finance

Waking Up To The Future Of Banking: UAE Fintech Startups Take On The Challenge Of Financial Inclusion

Entrepreneurs in the UAE highlight banking services, and in particular the obstacles to opening a bank account, as their number 1 challenge according to entrepreneurship advocacy white paper released by Dubai Chamber and Roland Berger in 2018.

News and Trends

Amid Ongoing Liquidity Crisis, Union Budget 2019 is a Sight of Relief for NBFCs

The minister acknowledged the efforts of the NBFCs, who play an important role in sustaining consumption demand as well as capital formation among the MSMEs

Finance

How To Use Your Offshore Bank Account To Maximum Benefit

South Africans are allowed offshore bank accounts – with benefits. Here's how to make the most of them.

Finance

How to Improve the Chances of Getting an SME Loan Approved

Alternative credit scoring based on digital data provides lenders a more holistic view of a borrower's creditworthiness and associated risks for credit underwriting

News and Trends

Here is Why the Road Ahead is Bumpy for the New Finance Minister Nirmala Sitharaman

Experts are looking forward to how the new FM will revive the economy from the slowdown