Savings and Loans companies have been urged to take advantage of the opportunities presented by COVID-19 and leverage technology more aggressively to serve their clients and deepen financial inclusion.
Pierre Frank Laporte, the World Bank’s Country Director, noted that it was good that the savings and loans companies were embracing...
As we all know, the world, at the end of 2019, woke up to a new pandemic, Coronavirus, i.e. COVID-19,which has since spread and affected over 200 countries and territories, as at March 2020.
Our country Ghana was hopeful that the spread of the virus will not affect Ghana and...
Over the next 15 months, Africa is set to receive a total of $50bn towards its economic recovery from the World Bank, which has identified the protection of the region's small and medium-sized enterprises (SMEs) as essential to its economic bounce-back from the coronavirus. Financial technology (fintech) has a key role...
To invest means to allocate money into a venture with the expectation of some benefit in the future. The expected benefit in an investment is often referred to as return. Usually, investments may come in the form of ownership investments, lending investments, near cash investments, business investments, precious objects...
…Banks and institutions that seek to revamp their digital frontiers with bouquet of digital platforms will cruise with efficiency, speed, consistency and appreciable returns
The world is evolving and things happen when you are not looking (interesting). Leadership researchers affirm that we are living in constant crises. Thus we live...
Navigating the storms of the new normal with digitalisation 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,...
“It's entirely unacceptable for digital banking to displace the customer/financial institution relationship… The goal is building customer loyalty and extending the trusted relationship from the physical realm of brick and mortar to the digital realm.” ….. Mark Kilpatrick.
I dedicate this article to all banks, finTechs and telcos who are making...
The global Corona Virus pandemic has been the ultimate measure of character and competency for leaders in all industries. More especially in the financial technology and banking industry, executives have had to take on enormous responsibilities to maintain financial stability and protect jobs in these uncertain times. The big...
Since the beginning of this century, the surge in digital transactions in Africa has not witnessed a boom which can be compared to that which COVID-19 has brought. North, South, East and West Africa all have a similar story to tell when it comes to the effects of COVID-19...
The country’s already struggling stock market has not been spared the impact of deadly coronavirus pandemic as a report by Databank Research shows that significant value has been wiped off the market once the first case was recorded in March.
The report, which analyses the economy for the first quarter,...