Tag

Digitalbanking
Why-should-banks-go-digital
First, it was customers pushing banks to adapt to the digital wave, and now non-bank enterprises growing as competitors are pushing traditional banks to become digital enterprises. And why not – when data shows retail banks that digitize could achieve a 20% increase in revenues and a decline in expenditures by 30%. On the other hand, for...
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Sahamati
Data the new Oil has been under scrutiny these days. When Microsoft bought LinkedIn or when Facebook acquired Whatsapp, the speculation was that they were eyeing the data these acquired company have gained in recent years. Then recently I saw a video floating on WhatsApp [authentic or not no clue], but it claimed that every...
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Digital Banking
I wonder if “Right to go digital” should be included as the seventh fundamental right in India. What do you say? Be it a shop, a salon,or cobbler everyone is aspiring to register its digital presence. And why not when “money” can move digitally,even individuals, organizations,and most importantly banks need to sail via a digital...
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KPIs to measure ROI
The post first appeared on FINTECH FUTURES. To get more such insights, please connect with me here. An Avaya survey in India a couple of years ago found that 51% of Indians use online banking whereas another report by the Office for National Statistics says 69% of UK population bank online. Digital banking that knocked...
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digital banking customer
Just few days more and we would finish the first quarter of 2019, the year of technology, data, and innovation. So, for a while lets pause and think about the Digital you? When one of my friends told me – you are a digital person, I shrugged my shoulders NAAH! I still withdraw cash from […]
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“Financial Institutions must be able to deliver and easy to navigate, a seamless digital platform that goes beyond a miniaturized online banking platform.”-Jim Marous, Publisher –  Digital Banking Report How many of you have actually visited a bank in recent times? Do you remember the last time you visited a bank to transact money? Not...
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The buzz around fintech has gained substantial attention of traditional financial institutions, startups, venture capitalists and regulators. Banks and regulators are hard-pressed to revisit their operating model and policies respectively to create a conducive environment of collaboration and dynamism amidst the participants in the fintech ecosystem. – FinTech in India, A Global Growth story by...
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Bank - FinTech Merger
The financial services industry has entered 2018 with a focus on digitizing services to better meet customers’ needs. But do the banks understand that previously inefficient, paper-based processes and messy ‘not so friendly’ user interfaces are no longer going to be good enough in today’s technologically advanced environment? Banks are needed to connect digitally to...
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Cashless is no longer a scary word now. It is astounding to see how it has defined the new ways of payment paving the way to cashless economy.
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