Is Nigeria ready for a digital-only bank?
By Edmund Olotu
One day, all banks will be digital-only.
Gone will be the days of physical branches, human tellers and long queues. All customer interactions with the bank will be through digital channels. It will happen,...
Reduce bank charges via digital channels
As economic circumstances continue to put pressure on disposable income, one of the easiest ways that consumers can stretch their budgets is by taking advantage of digital and electronic banking channels to reduce banking...
Fintech and banks: Collaboration may help close digital delivery gap, boost joint value propositions
By Rajashekara V. Maiya
The ongoing discourse surrounding the rise of fintech loses its rhetoric if we look at how the numbers stack up. About 73 percent of bank deposits, and about 7 to 9...
Will digital banks like Change Financial disrupt traditional players?
Picture: Getty.
By Melissa Yeo
Three-quarters of young people would rather manage their money through an Apple or Google app than a clunky traditional bank — opening opportunities for new digital-only banks.
A three-year survey of 10,000 Millenials, the Millennial...
ISSIP Announces the 2018 Excellence in Service Innovation Award Winners
SANTA CLARA, Calif. June 19, 2018
The International Society of Service Innovation Professionals (ISSIP), the leading association for today's digital services professional, announces the winners of the 2018 Excellence in Service Innovation awards.
The winners of...
Fintech China’s Industrial Bank teams up with Microsoft to build digital and cloud power
By Maggie Zhang
The Fujian-based lender would work with Microsoft to ride on the US company’s strength in artificial intelligence (AI) and experience in helping companies make their digital transformations, the bank said on Wednesday.
Its...
FinTech Startups: The rocket fuel for a less-cash economy
By Sathish Vaidyanathan, Director of Engineering, New Initiatives Group, PayPal Chennai
The country’s transition to a digital and less-cash economy has brought along with it some predictable and inevitable transformations along the way. The fintech start-up eco-system has seized...
Big tech, not fintech, disrupting banking, insurance
By Staff Writer,
The competitive landscape in banking and insurance is being shaped increasingly by large technology firms supplying critical technology to the sector, opening the door to direct competition at a later stage.
This is according to a...
The digital bank – delivering on Africa’s potential
While cash is still dominant, the shift to digital banking increasingly is becoming the driving force across our continent.
It is no secret that Africa’s high mobile phone penetration, expected to rise to 85% by...
Report says India is about to overtake China’s fintech
By Frank Hersey
At more than twice the global average, China is currently the world leader in fintech service adoption, but current second-place India is expected to surpass its neighbor according to a report by...