Both tech-savvy and hard skills are necessary for modern money management
Cashless payments could become a permanent fixture in the economic exchange ecosystem hereafter
The banking sector – a bulwark against the breakdown of other industries is left to nibble from the remnants in the wake of the virus-induced global economic slowdown!
To a large extent, neo-banks are technology platforms that integrate with traditional banks through open APIs. This makes them inherently scalable, nimble, and flexible, with the ability to innovate on product propositions and business models.
Take The Lead: The Race Is On For The First Fintech Unicorn To Emerge Out Of The Middle East And Africa Region
Our challenges here relate largely to the barriers created by existing banking systems, which will take time to overcome, and regulatory challenges that regulators across the region are already working hard to rectify.
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
Your options are far and wide when you look past the big banks.
With a holistic view of your business finances and admin in place, Sasfin's new digital banking platform is engineered to help you grow your business.
90% companies worldwide have acknowledged that they are insufficiently prepared to protect themselves against cyber attacks
Vice-President & Regional Head of Corporate Banking in Axis Bank said digital banking would cover the entire population, irrespective of the fact whether an individual has a bank account or not.
Owners must maintain a high degree of crucial oversight over their financial affairs.
Sharma sounded confident of a good distribution channel for cash flow and his focus on women to increase the bank's reach.