Emerging new technologies are revolutionizing how financial institutions conduct client onboarding procedures across their organizations. The drive towards digital transformation is led in equal parts by the need to tackle operational challenges, as well as the need to deliver digital client journeys that make for faster onboarding and more satisfied [...]
About 2.5 billion people across the world still lack access to formal credit according to World Bank estimates. An estimated 3 billion people are set to enter the middle class by 2030 and banks in emerging markets are looking at a revenue opportunity of around USD 400 billion in serving [...]
Digital Transformation platforms by fintechs are the new normal in India. According to a recent study by Microsoft, digital transformation (DX) will add USD 154 billion to India’s GDP by 2021 and increase the country’s growth rate by 1% annually. Business leaders in India expect to see huge productivity gains, [...]
Most of the blockchain technology headlines revolve around the outsize performance (and then underperformance) of cryptocurrency, which closely resembled a roller coaster as Bitcoin gained 1,400 per cent in 2017, up as much as 1,935 per cent when it hit a record high of $19,666 in December 2017, before [...]