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Banking Trends: The Shift Towards Digital Banking
November 30, 2021
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Khan Bank has been operating for 25 years in Mongolia. The bank is a nationwide leader in delivering a full range of financial services and products to the consumers, small and medium.
Infographic | November 1, 2021
37% of Financial Services firms globally adopt AI to
reduce operational costs AI is poised to give the banking industry an aggregate potential savings of $447 Billion by 2023 A Juniper research predicts that 90% of interactions in banks will be automated by 2022 using chatbots As per research, AI will reduce banking operational
expenditures by 22% Automating middle-oce tasks with AI has the potential to save North American banks $70 Billion by 2025.
Infographic | January 29, 2020
This is a preview of recent Fintech research from Business Insider Intelligence. Business Insider Intelligence offers even more fintech coverage with Fintech Pro. Subscribe today to receive industry-changing finance news and analysis to your inbox.
Infographic | March 22, 2022
The most common reasons for outsourcing financial services are: Reduce Costs, Focus on Core Business, Enhance Service Quality, Access to Financial Skills and Infrastructure, Critical to Business Needs, Drive Transformational Change, and Manage Business Environment.
Infographic | April 7, 2021
Open Finance involves an extension of Open Banking principles to a wider field of financial services and products. It is a new paradigm where data from multiple sources beyond banking can help build innovative and inclusive financial services.
These conditions make Open Finance a perfect fit for Latin America, a region where users’ financial lives don’t take place exclusively within the walls of banks. In part, because part of the population is still underserved by traditional financial institutions: only 51 percent of adults in the region are bank account owners. And, increasingly, because emerging fintech providers are targeting these customers with digital solutions.
Infographic | January 23, 2020
Have you heard about BUDGET YOUR MONEY? Most of us heard about this for thousand times. If your organization or your family wants financial security, a budget is the only answer. Let’s know What is Budget? The budget is the estimate of income or expenditure for a period of time. In simple words, a budget is a financial plan based on finance and expenses. The budget involves revenues, resources, quantities, expenses, assets, etc. Some people opt to write the budget by hand, while others use a spreadsheet or budgeting apps.
Infographic | March 29, 2023
The future of digital banking, which has revolutionized the banking industry and looks promising, offers a convenient, secure, and fast way to access financial services.
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