Blogs

Why is Digital KYC Essential in Telecom Industry?
Posted by Harshita Kapoor on / February 25, 2021

Why is Digital KYC Essential in Telecom Industry?

Many industries have started taking KYC (Know Your Customer) as a responsibility to identify their customers and mitigate possible risks in the absence of formal identity verification. The KYC process[...]

Open Banking: Bridging the gap between Banks and Cutting-edge Technology
Posted by Prerna Paliwal on / February 1, 2021

Open Banking: Bridging the gap between Banks and Cutting-edge Technology

Security is a primary concern for banks since customer data is an important part of bank’s operation as well as reputation. A customer’s bank account details, transactional and non-transactional data[...]

Top 6 Banking Trends for 2021 and Beyond
Posted by Krati Dubey on / January 28, 2021

Top 6 Banking Trends for 2021 and Beyond

Industries across the world dealt with the challenges hurled at them in 2020 and emerged stronger. Banks, financial institutions, and credit unions weren’t immune to the effects either but implemented[...]

Fintech in 2021- 6 Key Predictions and Trends to Watch
Posted by Harshita Kapoor on / January 25, 2021

Fintech in 2021- 6 Key Predictions and Trends to Watch

As an impact of the pandemic in 2020, most industries across the globe witnessed a steep decline in the market. However, fintech is one of the few industries that not[...]

Customer Onboarding in Banks: Current Challenges & Future Trends
Posted by Harshita Kapoor on / January 20, 2021

Customer Onboarding in Banks: Current Challenges & Future Trends

With numerous tools and sources available for communication, the importance of every interaction, an organization has with its clients, is mounting tremendously. Bearing in mind the intense competition in the[...]

Step by Step Guide to Establishing an Agency Banking Network
Posted by Harshita Kapoor on / December 22, 2020

Step by Step Guide to Establishing an Agency Banking Network

Financial institutions and banks in several countries are coming up with ways other than traditional banking for financial inclusion of the unbanked people staying in remote/rural areas. Opening and running[...]

Digital Banking: A Pre-requisite in the ‘New Normal’
Posted by Krati Dubey on / December 15, 2020

Digital Banking: A Pre-requisite in the ‘New Normal’

The global banking industry was moving towards digitization even before the COVID-19 pandemic hit. Neobanks or digital-only banks have been a part of the banking ecosystem for quite some time[...]

COVID-19: Entailing Low-touch Practices in Agency Banking
Posted by Harshita Kapoor on / December 3, 2020

COVID-19: Entailing Low-touch Practices in Agency Banking

In the unprecedented times of COVID-19, a completely different set of consumer behaviors has been witnessed by markets globally. Understanding new behaviors and coping with the new mindsets and expectations[...]

Transforming Banking with Omni-channel Approach
Posted by Manasi Mulasi on / November 23, 2020

Transforming Banking with Omni-channel Approach

The world is going through unexpected circumstances with COVID-19 changing the strategy for almost every industry. The banking industry was already going through renaissance with cashless transactions and the digital[...]