The Ultimate Checklist to Follow for an Effective e-KYC Solution
October 19, 2020 The Ultimate Checklist to Follow for an Effective e-KYC Solution The development of technology and communications in the fintech and payments industry has made moving money fast, easy, and cheap across the globe. However, the convenience in the mobility of money has made the task of preventing money laundering and financing of […]
Reimagining Payments through National Payment Switch
October 6, 2020 Reimagining Payments through National Payment Switch These are interesting times to be in the payments industry. While the world is battling with both health and economic challenges, the payments industry has an uphill task to ensure more and more people can take advantage of the cashless boom. This is definitely not a […]
Neo Banks: The Perfect Confluence of Technology & Banking
August 27, 2020 Neo Banks: The Perfect Confluence of Technology & Banking From the very beginning of the banking era, banks have offered various services like handling cash, providing credits, and other financial transactions. They also offer various physical branches to store cash and credit. Over a period of time, the banking industry introduced technology […]
Mobile Wallet: Changing the Dynamics of Digital Banking
August 24, 2020 Mobile Wallet: Changing the Dynamics of Digital Banking A balanced payment ecosystem is where the four pillars of a digital payment process are benefitted. These are – consumers, merchants, banks, and digital banking platform provider. The world is witnessing a move from cash to digital payment options with increased number of smartphones, […]
Core Banking – The Next Gen Digital Banking Suite
August 20, 2020 Core Banking – The Next Gen Digital Banking Suite Banks what we see now vs. what we saw five decades back were very different. People visiting the bank branch and waiting in long queues for simple transactions. Those were the days when doing bulky paperwork was a mandate. And with no data […]
5 Unconventional Benefits of Agency Banking
August 13, 2020 5 Unconventional Benefits of Agency Banking Reaching customers in urban localities is both convenient and feasible for a bank. With innumerable customers, the multiple branches of a bank and its ATMs can generate enough ROI to cope with the high CapEx and OpEx. However, banks have exhausted the urban areas as most […]
Accelerating Innovation in Africa through Regulatory Sandbox
August 6, 2020 Accelerating Innovation in Africa through Regulatory Sandbox Africa’s banking market is one of the fastest growing, second-most profitable of any global region, and a hotbed for innovations. Fintech has a key role to play in enabling and promoting development of financial sector in Africa this includes both financial institutions and digital banking […]
Facilitating Financial Inclusion through Agency Banking
July 27, 2020 Facilitating Financial Inclusion through Agency Banking For any nation to ensure holistic development of its economy, the most crucial aspect is its rural development. Lately, the developing countries across the globe are focusing on rural development to ensure upliftment of their economies. In ensuring continual development of remote/rural areas and its populaces, […]
Panamax Offers MobiFin to a Mobile Wallet Service Provider
Panamax deployed its flagship digital financial solution MobiFin for a West African mobile wallet service provider to help the company expand its business. Our solutions helped the service provider offer enhanced financial solutions to its end customers.
An Introduction to Mobile Money Interoperability
July 23, 2020 An Introduction to Mobile Money Interoperability Mobile Money – an unadorned concept that was initiated to enable P2P transfers soon turned into a revolution. A channel that began with the plain idea of performing payments from/via a mobile device took Fintech space by storm. Mobile money established itself as an alternative to […]