Two years of the pandemic has led to a fundamental change in the banking industry as traditional methods are no more effective. The Banking and Financial Services industry looks to becoming more adaptive, innovative and…
Millennials and Gen Z are the most significant demographic and economic force of our times. By 2025, millennials will constitute 75% of the global workforce. Within the next decade, Millennials will dominate the full-time workforce.…
The influx of Fintechs, innovative technologies, cloud banking, and sophisticated processes has taken the banking industry by storm. This has led to traditional and incumbent banks to rethink and realign their way of operating. Traditional banks…
Modern banks offer standardized products hard-coded with specific rules and benefits. A lot of back-end operational roles are required to support these products and to manage the rules governing them. Today, a variety of these…
There was a time when we had to visit a bank to move even a penny from one account to another. Remember the long queues to just update your passbook or the 3-day waiting period…
The Payment Services Directive 2 (PSD2) which came into effect in January 2021, was launched to increase competition and innovation within the European banking industry in order to improve the banking experience for the end-customer.…
In recent times, financial institutions across the world have been looking to upgrade their aging legacy payments systems to enable faster payments processing, data-rich transactions, and real-time settlement. Let us take a deep look at…
