The Global Chip Crisis and Its Rippling effect on banking

The Global Chip Crisis and Its Rippling effect on banking

The 2020–21 global chip crisis has had a shaky effect on the banking industry, leaving its mark on almost every aspect of the business. With the COVID-19 pandemic disrupting supply chains and slowing down production, the shortage of semiconductors has resulted in a significant impact on the production of various electronic devices, including those used by banks.

Why do startups fail?
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Why do startups fail?

A start-up in essence, is a business experimentwith potential. Founded by one or more entrepreneurs who want to develop a product or service for which they believe there is demand these companies typically lack a fully developed business model and, more crucially, lack adequate capital to move onto the next phase of business. These companies generally start with…

What lessons can professionals and businesses take from FIFA 2022?

What lessons can professionals and businesses take from FIFA 2022?

If the 2022 FIFA World Cup has had a recurring theme, it must be “expect the unexpected.” The tournament had its share of highs and lows. We witnessed a host nation lose all World Cup matches for the first time. After defeating heavyweights like Spain and Portugal, underdog Morocco became the first African nation to…

Emergence of Embedded Finance in 2023

Emergence of Embedded Finance in 2023

In simple words, embedded finance combines financial solutions with non-financial customer journeys. These solutions improve the customer experience and provide greater satisfaction. For example, as a customer, you can add insurance for a specific product during checkout on the e-commerce website itself. Embedded finance services include: This form of finance has increased in popularity because…

The Impact of Alternative Finance in 2023

The Impact of Alternative Finance in 2023

 Alternative Finance or Alt Finance refers to financial services and products that exist outside of traditional financial systems such as banks and capital markets. It include peer-to-peer (P2P) financing, crowd funding, revenue-based financing, and so on.  Alternative financing provides Individuals flexibility and variety of options. This has made alternative financing a very popular option among…