Automation has revolutionised the banking industry, and it has become an essential part of modern banking operations. Automation in banking refers to the use of technology to replace manual processes with automated ones, leading to increased efficiency, reduced costs, and improved customer experience.
Compound interest is a powerful financial tool that can help you build wealth over time. In simple terms, it is a process of earning interest on both your initial investment and the interest that your investment generates over time.
E-Wallets can come in very handy to control your expenses, track your monthly budget, categorise your account’s activity, pay bills, access promotional codes and cashback offers, manage different currencies, and more.
Financial regulation refers to the rules and laws firms operating in the financial industry, such as banks, credit unions, insurance companies, financial brokers, and asset managers must follow. However financial regulation is more than just having rules in place – it’s also about the ongoing oversight and enforcement of these rules.