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July 2022

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Due to the current economic stress, most of the consumers are now concerned about the impact of rising prices and inflation in their everyday life. In response, consumers have already started budgeting their spending on non-essential products and finding other ways to make ends meet, including reducing home energy use, visiting less to the restaurants, cancelling large purchases and vacations. Based on their previous inflationary experiences, consumers now tend to purchase essential items and durables…

Should the interested banks hire specialised experts to build the tech themselves or should they buy a digital banking package from a fintech company that can do it faster and better for less money?There are certain questions bankers are bound to have when it comes to creating a digital bank subsidiary: should they build it on their own, or should they buy a tech package? What’s more affordable? The answer to these questions can often be…