The Need and Impact of Digital Banking Units Vishnu Vardhan Vankayala2022-06-06T18:34:03+05:30Digital banking involves the digitization of all traditional banking products, processes, and activities to serve customers through online channels. Banking that is done through the digital platform without any paperwork like account opening forms, cheques, pay-in slips, and so on is referred to as digital banking. It relies on high-level process [...] FacebookTwitterLinkedInEmail June 6, 2022 Read more...
Challenger Banks: Business Drivers and Success Imperatives Poornima Jampana2022-04-07T19:30:33+05:30Challenger Banks are the new age banks that have come into existence riding on the waves of technological and regulatory enablement. These banks, in general, are completely digital and don’t have a branch, saving loads of money, which makes the entire process convenient and cost-effective for the customer. Every year, they [...] FacebookTwitterLinkedInEmail April 7, 2022 Read more...
Hyper-Personalization: A Key Enabler in the Digital Evolution of Banks Amar Sindol2022-03-14T18:19:11+05:30Why Hyper-personalization? In recent times, customers are looking for a customized solution for their specific requirements and utilizing the digital features of banking as per their needs. Moreover, banks have realized the economic advantage of personalization which can bring in considerable cost reduction by providing diverse cutting-edge products with AI, [...] FacebookTwitterLinkedInEmail March 14, 2022 Read more...
Machine Learning: The Need of the Hour for Banks Vishnu Vardhan Vankayala2022-02-17T20:50:03+05:30Banks have been frontrunners in adopting new technological innovations for the past couple of decades and have taken advantage of everything technology has to offer. Indian-born British inventor John Adrian Shepherd-Barron was inspired by chocolate vending machines and hit upon the idea “if vending machines could dispense chocolates, why couldn’t [...] FacebookTwitterLinkedInEmail February 17, 2022 Read more...
Trends in the Digital Payments Sector to Look Out For in 2022 Payel Ghosh2022-01-20T18:49:27+05:30The digital mode of payment has emerged in the last two years due to the pandemic. The world has seen a spike in digital payment transactions. Payments are now faster, frictionless, contactless, embedded, and transparent. What more will we see in 2022? What can be enhanced further? Better Infrastructure with more [...] FacebookTwitterLinkedInEmail January 20, 2022 Read more...