Online Banking

The banking sector – a bulwark against the breakdown of other industries is left to nibble from the remnants in the wake of the virus-induced global economic slowdown!

To a large extent, neo-banks are technology platforms that integrate with traditional banks through open APIs. This makes them inherently scalable, nimble, and flexible, with the ability to innovate on product propositions and business models.

90% companies worldwide have acknowledged that they are insufficiently prepared to protect themselves against cyber attacks

Vice-President & Regional Head of Corporate Banking in Axis Bank said digital banking would cover the entire population, irrespective of the fact whether an individual has a bank account or not.