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May 23, 2024 |International Remittance ,


The global remittance flows for 2023 were around $860 billion! This stat suggests that remittance services are on the rise and so have a great potential to tap into, especially for banks. Why? Because every national or international transaction…

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May 20, 2024 |eKYC ,


33% of Americans have faced some attempt at identity theft! The above statistic by Market Screener is alarming. The customers are concerned about their security. And businesses like yours are not able to offer robust security while onboarding…

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May 13, 2024 |Digital Payment ,


Did you know that there are nearly 13,100 fintechs in the U.S. alone? This study shows that the number of companies offering financial services is increasing rapidly. Consequently, offering financial services has become extremely competitive. Another…

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February 19, 2020 |Fintech , Mobile Payment ,


Cash is not the ‘King’ anymore! The digital advent of payments has entirely changed the scenario and has given rise to cashless payments. The first move towards cashless payment was a credit card in the 90s. In the same decade, the electronic banking…

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October 30, 2019 |Fintech ,


FinTech solutions have become a norm due to the rise in startups in the past decade. It has revolutionized many financial businesses by making them acquainted with the technology. For banks, fintech brings a customer-centric approach, which can make…

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April 17, 2024 |eKYC ,


Identity verification faces various challenges like manual processes, onboarding delays, high costs, and security & compliance risks. These challenges need an automated solution to win customers and have a stronghold in the market. The solution is…

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April 08, 2024 |Mobile Payment ,


Convenience + security in digital wallet payments = a perfect combination! If your business can offer both in its digital wallet, your customers will keep coming back to you. And you will attract more and more new customers which will blow your…

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April 04, 2022 |Digital Payment ,


There will be over $16 trillion in digital wallet payment transactions by 2028! This rise in digital wallet transactions is due to technological advancements and digital transformations happening at lightning speed. Also, the market for digital…

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September 28, 2020 |Agency Banking ,


Nearly 98% of the banks prioritized customer experience at their organization! Why? The reason is simple! Customer preferences and demands evolve with technological advancements. So, if you do not offer everything that customers need from your bank…