In a rapidly evolving digital age, financial institutions such as credit unions and community banks are tasked with redefining their strategies to stay relevant and competitive. The integration of embedded finance and real-time technology plays a pivotal role in this transformation. These
The shift toward a digital economy has brought about significant changes in the banking sector, with an increasing number of financial institutions closing their physical branches in favor of online services. This trend, while leading to enhanced technological efficiency, poses a challenge to
In an era where digital banking is an essential part of everyday life, Kotak Mahindra Bank is taking proactive steps to ensure its systems' efficiency and security. Customers of Kotak Mahindra Bank are being notified of a temporary suspension of some digital services, including internet banking,
In today's rapidly evolving digital landscape, banks face increasing pressure to adapt and enhance their operations to meet customer expectations and regulatory demands. Natech Banking Solutions is pushing the boundaries of innovation by integrating artificial intelligence into its software to
In the bustling arena of technology-led economic transformation, mobile money stands as a formidable force, reshaping access to financial services worldwide. Its inception stems from the need to cater to individuals in regions lacking access to traditional banking infrastructure. Mobile money
In a significant shift in Malaysia's fiscal landscape, an 8% service tax on specific financial services offered by banks will soon be implemented beginning 1 July. This move is part of a broader expansion of the Malaysian sales and service tax that was introduced under the country's Budget 2024