Banking technology – 2016 snapshot
According to a study, 84% of banks globally have increased their investment in innovation in 2014, as compared to 13% in 2009. These figures clearly describe the importance that technology…
Tag: Fintech
What is a currency white label and how does it help banks?
The term “white label” has been predominant in our society since a long time. In very basic terms, it is simply the practice of one seller buying a product from…
Mobile remittances are changing the way people send money home
According to a world bank estimate, around $590 billion was sent internationally through official remittance channels in 2014. Mobile phones are augmenting this industry by making it much easier for…