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.
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…
Companies are finding that staying competitive and keeping up with changes in the marketplace is more challenging now than ever before, partly because it is more difficult to find qualified talent to fill critical job roles. In fact, there is such an acute talent shortage that it is said a skills shortage would be the most significant…
What is digital rupee? Digital Rupee, or e-Rupee, is a digital token released by the Reserve Bank of India (RBI) that represents legal tender. It has the same value as fiat currency. It was released initially on November 1st, 2022 for the wholesale segment and was later released to the retail segment on December 1st….
Setting New Year’s resolutions is a great way to begin the journey of self-improvement. This has been a tradition around the world for many years. Setting goals and working towards them can have a real positive effect on a person’s life and mindset. However, we all know that sticking to your new year’s resolutions is…
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…
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…
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…
Today, if you ask students what they want to do after 12th, they will not have a clear answer. Because they are bombarded with a plethora of choices, this is understandable because what you study after 12th can define your profession for the rest of your life. However, it is important to make a wise…
Around the world markets and economy are showing signs of impending Economic Recession that is to fall upon the world with a heavy arm. According to US experts, the Federal Reserve will intensify its campaign of monetary tightening as never before in the past decade. The research firm Ned Davis has predicted 98% chance for…
