The progression of the financial industry increased 2 times with the introduction of neobanks. Neobanks are instant banks as they work in simple, fast, and hassle-free ways. This is a dream come true innovation, especially…
According to a study by Cornerstone Advisors in 2019, 80% of bankers and stakeholders believe that digital transformation is the capacity to leverage digital aspects of most banking areas efficiently. From functional operations to non-functional…
A majority of Australian economy depends on the SMEs with employment size ranging from 0 to less than 200. The statistics from a report in 2019, states that Australian businesses comprise 97.7% of small businesses…
The sudden making of a pandemic from a seafood market in China has truly disrupted the world order, throwing countries and businesses into global disarray. Amidst all the helter-skelter, there’s hope and once we arise…
Switzerland – The emblematic destination for chocolates, watches and of course, “Banking”, is obviously the go-to place to explore banking innovation and understand how digital is changing the traditional banking landscape. The banking system as…
According to Canadian Bankers Association, more than 68% Canadians preferred online banking in 2017 and the number has only increased ever since. The convenience, attractive features and competitive pricing offered by online banks in Canada…
Digital Banking and transformation has been talked about in lengths over the past few years. However due to different socio-economic issues, digital transformation has been kept at bay in a few countries. However there has…
Migration to cloud has been spoken about greatly in the banking arena. However with the migration of cloud in banking, come several benefits and challenges. While it is important to innovate and change, it is…
The driving force behind digital banking becoming the most popular form of banking today is definitely saving time and effort. According to research, an average individual spends nearly 7.3 hours a year visiting banks and…
Banking penetration in Mexico has comparatively lower percentile when compared to other Latin American countries. According to World Bank’s 2011 Financial Inclusion Survey on banking systems across the world, Mexico had only 27.4% of its…
The concept of digital banking in Cambodia was introduced in 2008, which is 10 years after the rest of the world has embraced the technology. Cambodia as a country has risen from the ashes of…
Egypt, one of the prominent countries of the MENA region has already set its foot on a cashless economy with the help of digital banking. The customer diaspora in Egypt is looking for banking services…