Blogs
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
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
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
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
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
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’
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
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
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[...]