Banking & Finance

Future of Banking: Navigating the storms of the New Normal with Digitalization in the wake of COVID-19; a test case for indigenous banks

“No product is made today, no person moves today, nothing is collected, analyzed or communicated without some ‘digital technology’ being an integral part of it. That, in itself, speaks to the overwhelming, ‘value’ of digital technology.” ——Louis Rossetto, founder and former editor-in-chief of Wired magazine The New Normal The “new normal” is by far the …

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Future of Banking: Simple ways Technology has impacted Banking forever with sophistication

“Technological innovations will be the heart and blood of the banking industry for many years to come and if big banks do not make the most of it, the new players from FinTech and large technology companies will.” ——-David Brear, Global CEO of 11: FS Banking is one of the world’s oldest businesses. It’s been …

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Banking in the next decade: COVID-19 – Digital Transformation not an option

“When something bad happens, you have three choices. You can either let it define you, let it destroy you, or you can let it strengthen you.” —Dr. Theodor Seuss The novel coronavirus seems to have taken all by surprise and exposed vulnerabilities that were never anticipated across all sectors of the various economies including banking. …

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Future of Banking: Leveraging Digital Marketing Strategies to thrive in COVID-19 pandemic

“Take a risk and keep testing, because what works today won`t work tomorrow, but what worked yesterday may work again.” —-Amrita Sahasrabudhe, Vice President Marketing – FastMed The COVID-19 pandemic has almost ravaged every fabric of society worldwide and the banking industry has had its first share of the turbulence. Banks worldwide are feeling the …

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FUTURE OF BANKING: Lockdown – No lip service; practicalize relationship banking

“Most of the time, consumers don’t think about banking at all. They just expect it to work. The only times they really think about banking is when there is a financial need or when they’re facing a crisis.  “Delivering solutions, tailored to each individual customer, is what builds trust and brand loyalty in these moments.” …

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Digital Currencies – Six Big implications for Central Banks

“We have elected to put our money and faith in a mathematical framework that is free of politics and human error.” …Tyler Howard Winklevoss, Founder of Winklevoss Capital Management The Ghana banking and finance terrain has seen turbulent times since 2017 due largely to the regulator`s implementation of reforms. This action resulted in the collapse …

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