Can spending money in your pocket have the potential to spread covid-19? That question has never appeared in the news, but many governments and leaders in the digital payments industry are wondering how this virus could affect cash usage. Several countries have already taken drastic measures to limit the spread [...]
Our Customers, we have got you covered in this time of Corona Crisis. We are working at better pace to cover each of your needs which were hitherto latent. Stay Calm, Stay Safe and remember Team EPIK is there to serve you. Shubho Banerjee, Co-Founder [...]
It’s International Women’s Day today, and like every year, this year too, conversations start which are centred around women's empowerment and their financial inclusion. Many of these conversations end up being tokenism of male champions. But it’s a great time to ponder on the larger question of how can [...]
Past 12 months have been quite wonderful and inspiring for all of us in EPIK for several reasons and top of that is organisation building. As we started building #EPIKDreamTeam, several new challanges emerged and every challenge presented us with opportunity to climb to newer heights and build the [...]
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 [...]
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 [...]
A new study has found that the operational cost savings from using chatbots in banking will reach $7.3 billion globally by 2023, up from an estimated $209 million in 2019. This represents time saved for banks in 2023 of 862 million hours, equivalent to nearly half a million working years. According [...]