Search by category: Banking software
How to make a mobile wallet app? If you have never asked this question before, it’s time to think about it if you want to succeed in the industry and stay ahead of the competition. The global mobile wallet market is expected to reach $46 billion by 2028, according to Research Dive. E-commerce and retailers,…
Ever wondered who are challengers and incumbent banks? If you want to identify them, just check how they engage with the clients and what digital tools they employ. The latter are physical branches that reluctantly embed innovative solutions into their business model and fail to provide a seamless customer experience. The challengers, on the other…
The finance industry produces tons of data. They help businesses conduct analyses, recognize trends, increase performance, improve their products and services, set realistic goals, and make informed decisions. However, it’s important not only to collect and process information but also to deliver it to readers in a simple and conceivable manner. It’s difficult to get…
The sales and marketing industries have been using cloud computing technology for a while now. Still, it’s only recently that financial institutions took a risk and moved their core operations to the cloud-based banking platform. Banks have managed to succeed in this digital transformation despite all fears and prejudices as it allowed them to reduce…
What were bank-customer relations like? Usually, people were introduced into the concept of the bank in their teenage years and stayed with the preferable banking institution all their life. That was standard practice for decades. In 2013, the European Commission proposed the PSD2 (the Payment Services Directive), and open banking development began. The directive obliged EU…