Why do you need a new system because of the weaknesses in the existing system?
- Competition is increasing.
- A Cultural Revolution.
- Compliance with regulatory requirements.
- Business Model Evolution.
- Expectations are increasing.
- Retention of customers.
- Mobile Experiences That Are Outdated.
- Breach of security.
Who Need?
- Banks.
Objectives
- Safeguard Deposits.
- Provide Loans.
- Encourage Savings.
- Capital Formation.
- Currency Issue.
- Enhances Living Standards.
- Generates Employment.
Key Features
- Deals with money.
- Provide loans.
- Identity.
- Withdrawal and payment facilities.
- Internet services.
- Business.
- Increasing functionality.
- Branches at different locations.
- Commercialized.
Benefits
- Accounts that fit your needs.
- No fees to deposit your money.
- Easily manage your money.
- Get unexpected income quicker.
- Access bank statements.
- Protect your money.
Devices of use
- Computers.
- Smartphones.
- Tablets.
Achievements
- Financial Inclusion.
- Economic Stability.
- Capital Formation.
- Payment Facilitation.
- Credit Provision.
- Risk Management.
- Technology Integration.
- Global Connectivity.
- Wealth Preservation.
- Regulatory Compliance.
- Employment Generation.
