Are banks turning into tech companies?
People today are moving away from banks and it has become the bank’s responsibility to reach out to the masses. The only way they can do it now is by…
Tag: Fintech
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…
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…