Financial payments and banking started in a very inefficient and traditional way which was slow but still acceptable to the customers due to the stage in the information age. Initially, almost all the fun and joy in terms one double zero percent in shape of activities in the financial services (Except Non-Banking Services) space was attributable to banks with all the revenue being collected by the same entities…
Alternate Payment Method i.e Mobile Payments – We are living in an era of digital life. Almost everyone has a mobile device in their hand but “how do we” and “for what we” use it, may differ. Some devices are equipped with more innovative and life-changing features, which […]
Apple Pay– NFC based mobile payment service got positioned as a strategic service to drive demand for products other than payments services. Mobile money as a network-operated platform for financial services is playing a huge role in many economies. Like in the past, the emergence of new services and infrastructure (bridges, […]
Mobile Money and Mobile Banking are viewed under the same umbrella and are currently encapsulated in a financial world which is either too complicated or is viewed as complicated. Mobile money requires phone number as account number while Mobile banking requires bank account number as primary transaction identity. As far as Mobile Money and Mobile Banking are concerned
FinTech is booming, redefining financial services and Banking. Artificial Intelligence technologies like neural networks, machine learning, deep learning etc are reinventing FinTech in turns. Banks are struggling to stay in the game and heavily relying on Artificial Intelligence family support.