Financial inclusion is increasingly being recognized as a key driver of economic growth and poverty alleviation across the globe. Studies have found that access to formal finance can boost job creation, reduce vulnerability to economic shocks and increase investments in human capital. Seven of the United Nations Sustainable Development Goals (SDG) of 2030 view financial...Read More
USA Number of digital banking users in the United States from 2014 to 2019 161.6 million a twenty percent increase from 2014. Source – Statista Great Britain Online banking in Great Britain from 2007 to 2019 73% of users avail online banking In 2007 – 30%, 2014 – 53% and in 2019 it is 73%...Read More
A big year for Fintech – or should I say Fintech-led disruption? Experts predicted Fintech to scale in 2019, and they weren’t wrong – innovation-led banking, bypassing legacy banks, new entrants like Neo Banks taking a plunge reducing friction to serve Banking for one and all. Initiatives like PSD2 and Sahamati shaping up and being...Read More
Experience! How do you craft a digital experience for your consumers? BY providing them a robust, stable, highly efficient digital platform, but have you thought that 80% of the digital experience is driven by the way UI/UX has been designed. Neo Banks aka challenger banks that are 100% digital, the UI/UX weighs a lot more...Read More
Image Credits – cryptohead.io The post first appeared on linkedin. To get more such insights, please connect with me here. Could a bank without the physical walls exist? If you had asked me this, a few years back, I would have said – may be, but in 2019 I feel proud to be associated with many of these...Read More
