core banking to boost bank profitability

How Core Banking is The Magic Mantra to Boost Bank Profitability

When we study any economy, we find the banking sector at the forefront of spearheading financial growth. The banking sector is rightly called the pillar of any economy. In the last decade or so, the banking sector has been evolving to serve its customers better. In this endeavour, we find many banks adopting the core […]

Continue Reading
Cryptocurrencies

RBM Addresses Cryptocurrencies at Monetary Policy Conference

Thanks to advancements in Fintech, digital payment platforms are increasingly replacing traditional cash-based solutions. This issue was highlighted by Joseph Mwanamveka, Malawi’s Minister of Finance, Economic Planning and Development, at the 2019 Monetary Policy Conference. Staged by the Reserve Bank of Malawai (RBM) at Nkopola Lodge in Mangochi in November 2019, Malawi’s 2019 Monetary Policy […]

Continue Reading
covid 19 impact on banking

COVID-19 Impact: Future of Banking industry after Coronavirus

The COVID-19 pandemic has brought sharp declines in the financial services industry. Before this global outbreak, commercial banking was experiencing a steady period of growth and innovation. Banks and credit unions worldwide continue to prosper despite growing competition from alternate financial channels. And yet, in just a few weeks, financial institutions all over the world are suddenly in the […]

Continue Reading
bank merger in india

Bank Merger in India: Check Benefits & bank mergers list 2020

The Union Cabinet has approved the merger of 10 Public Sector Banks (PSBs) into four entities on Wednesday. It will come into effect from 1st April 2020. This Bank merger aims to have fewer but stronger money lenders in India. According to the Finance Minister Nirmala Sitharaman, the consolidation of the banks has been done […]

Continue Reading

The Revolution of Financial Technology used in the Banking Sector 2020

Finance is one of the oldest markets in the world. Financial services are an industry that invented credit cards in the 1950s, internet banking in the 1990s and at the turn of the millennium, contactless payment technology. Therefore, the use of technology to support financial services is by no way a recent phenomenon. From the […]

Continue Reading