Nov 9, 2016
Norway, Sweden and Denmark are examples of countries moving towards becoming true cashless societies, in which retailers or petrol stations won’t be obliged to accept cash payments. Yet cash still accounts for about 85% of global consumer transactions and in...
Nov 8, 2016
For insurers, the Internet of Things(IOT) can provide value in the form of new insurance models and products based on deeper insight into the customer’s needs, writes William Mzimba, chief executive South and sub-Saharan Africa at Accenture. The rapid increase...
Oct 27, 2016
Financial institutions are ideally positioned to reap a host of benefits from big data, given their access to multiple streams of information, writes Gary Allemann, MD of Master Data Management. However, most banks are still standing at the edge of the big data wave,...
Oct 25, 2016
From blockchains to mobile wallets and robo advisers, the financial realm is a veritable hotbed of technology innovation and development. Unlike many other large and established sectors (legal, medical, insurance), the financial sphere has proved to be willing to...
Oct 19, 2016
The future of mobile banking looks bright as far as consumers are concerned, writes Marwan Elnakat, e-banking and e-commerce security solutions director at Gemalto. Millennials are increasingly opting for online and mobile banking options over visiting local branches,...
Oct 10, 2016
Mobile banking is no longer a “business opportunity” for banks. It’s an imperative. With over 1-billion users already transacting across the globe in 2015 (according to IDC), demand is set to continue to grow – cutting across both developed and...
