Mobile Banking – teknospire

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Mobile Banking

Mobile Wallets in India 2020

Mobile Wallets has grown rapidly in India. As per a BI Mobile Payments report, in-store mobile payments would grow to $503 billion by 2020.  As per another report Mobile Payment Volume would increase tenfold by 2021. Who are The Enablers to Mobile Payment? Growth of e-commerceIncreased Penetration of smartphonesFree and easy access to the Internet...
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Why-should-banks-go-digital

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

Sahamati and Data say – I Do! A match made on earth for fintech, banks, and customers

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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DIFFERENT WAYS TO BANKING – DIGITAL, ONLINE, INTERNET, MOBILE BANKING, NEO, E-BANKING

Editor’s Note : This post was originally published in [January, 2019] and has been updated for freshness, accuracy and comprehensiveness. What is Online Banking Accessing Banking services via internetAlso Called Internet Banking or Web BankingConducting financial and non-financial transactions via web interface or a smartphoneAbility to access all financial information of your bank on your...
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