MICRO FINANCE unknown to many is the sole panacea to mass poverty eradication in human society.The blog specifically focuses on the industry around the world but with more bias on Africa-unarguably the poorest region of the world.
November 10, 2022
FINTECHS AND THE NEW WAVES OF DIGITAL REVOLUTION.PART 5
be overtaken by the new techies.Blockchain,AI,cryptocurrency and smart
contracts currently usurped the public ovation,deemed to be core
competence of any financial institution in the next decade.Equipped
with highly datacentric technology,financial institutions will be
positioned to offer improve faster risk assesment,customer product
matching,enhanced security and customer focused and intelligence
driven operations.The rise of fintech or financial technology enables
market competition even could share infrastructure and equally legacy
banks to rething their technology and grow innovation for better
services.Digital banking as one of core fintechservices grew from
innovative practice androde on consumer interest and on the frontuser
experiencefor the mobile apps moving to the backend,with
greateremphasis on data analytics.To add valueto the services
enterprisebanks find common ground to collaborate with fintechs or
fintech startup to grow this valuechain.The strategic delivery of
institutional capability
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