digital-banking
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TechnologyBanking on AI for Your Customer Engagement
FinanceFinancial Planning for Singaporeans Enhanced With Insurance Data on SGFinDex
Gen Z Is Sparking a Banking Revolution: Here’s What Banks Need to Do to Win Over This Generation
Date: November 1, 2022
By David Donovan, EVP of Financial Services, Publicis Sapient One fifth of the US population, or roughly 68 million people, was born between 1997 and 2012. They are Gen Z. The need to understand Gen Z and how to meet them where they are is obvious, and that need is even greater in financial services...
The ‘risk’ of Financial Inclusion: How Digital Banks Can Increase Their Social Impact and Profit Margins
Date: October 31, 2022
By Hugh MacGarvie and Ciaran Furniss from Elixirr The rise of digital banks, especially within the retail space, is the modern-day gold rush, with an entrant growth of 150% in the last 5 years. Within the developed economies, the market is saturated with new entrants competing to grow their customer base through more enticing sign-up benefits...
Elon Musk Says Twitter Will Revise How It Verifies Users
Date: October 31, 2022
(Reuters) – Twitter will revise its user verification process, Elon Musk said in a tweet on Sunday, just days after he took over one of the world’s most influential social media platforms. “Whole verification process is being revamped right now”, Musk said in his tweet without giving more details. Twitter is considering charging for the...
FinTech Ux and Accessibility – How to Make Sure the Fix Isn’t Worse Than the Flaws
Date: October 25, 2022
By Jordan Richards, founder and CEO of RCCO. The fintech industry is booming and more solutions come onto the market every day, but what many developers are overlooking is the need for accessibility. With 20% of the population needing assistive technology, new digital fintech products can only be considered successful if they are accessible to...
3 Trends Shaking up the Finance and Retail Banking Sector
Date: October 21, 2022
South Africa’s four biggest banks – Absa, Standard Bank, Nedbank and FNB – may account for the lion’s share of the banking market, but they can’t afford to be complacent. Accelerated by the COVID-19 pandemic, there are sweeping changes influencing the finance sector, including the emergence of new players and disruptive technology. Will the Big...
Why Banks Need to Take Advantage of the Social Media Moment
Date: October 13, 2022
By Tina Seitzinger, Senior Director of Influencer Marketing & Paid Social, Vericast Consumers are increasingly seeking financial guidance and comfort from non-traditional sources. In fact, according to recent data from Vericast, less than half of all consumers currently seek financial advice from a bank, credit union or financial advisor. The patterns among Gen Z might...