After the introduction of online banking, financial transactions have become convenient. Since then, the banking industry has never been the same. Nowadays, customers no longer wait for long lines in a real bank to do their financial transactions because they only need to click their mobile phones to access their accounts. However, online banking […]
Banks follow specific core values in their operation. These values are tailored to the client’s financial needs and wants. However as time passed, consumers are starting to lose trust in their banks. It is due to many defining factors such as biased financial advice, unreasonable racism and transparency issues.
Digital banking is an extension of the transactional facility of banks through a set of secured digital channels. It is done by taking care of data security, related risk mitigation and regulatory aspects performed by the bank itself. Modern technologies such as the internet and mobile banking services adoption give banking an edge in convenience. […]
The traditional banks are slowly transitioning into online banking services to cover a wide array of customers. As the generation grows innovatively, online banking becomes more popular than conventional banks due to its features like paying bills online, bank account transaction access, money transfers, and more. It makes everything an everyday consumer do with their […]
The one thing in this world that shouldn’t be broken is trust. According to Javelin Strategy and Research, banking is not about user-friendly applications, mobile transactions, branch locations, even interest rates or savings. It is all about consumers’ trust. As per recent surveys, the least trusted industry in the consumer’s eyes is financial services. The […]