Is Nigeria ready for a digital-only bank?

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

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,

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?

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

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...
Industrial Bank teams up with Microsoft to build digital and cloud power

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

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...
Tech Banking

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

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...
China India

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...