“Banking is necessary, but banks are not”, Bill Gates said in 1994 when he was Chairman of Microsoft.
As if Online Banking and then Mobile Banking weren’t enough change to last for a few decades, the industry’s drive to satisfy customer’s constant and insatiable need for information has recently driven us toward Real-Time Deposits, Mobile Payments and Branch-less Banking, Apps for every conceivable need of Financial Planning.
In recent years, the number of financial services around banking has exploded, which has led to a decentralisation of the finance industry, with a myriad of third parties.
How are banks, new-age fintech companies, insurance companies gearing up to offer the new-age banking experience in the digital world:
What are the latest products and innovations that will mark a profound change in how banking is done and how customers buy financial products?
The noticeable success of D2C brands with rapid astronomical growth, in the recent past, is a testimony that the unique model is here to stay. However, the growing competition, need for extreme personalizations, rapidly changing customer preferences and matching the [...]
