Blog
Industry Information. Product Updates. Trending Topics.
In a connected world, the smart way to share knowledge is through blogs. At Modefin, we ensure that we communicate every breakthrough with a short piece on the product, solution or platform. Check the content below for a bank of information and insights from our domain experts.
Modefin’s OEBP Mobile Wallet now on Finastra cloud platform
App covers multiple platforms and communication channels to enhance customer satisfaction and branch productivity. Allow customers to transact from their mobile devices at any time. Third party agents can use Modifin’s interface to perform transactions on behalf of the bank, meaning customers can fund and…
Doorstep Banking
Digitally-savvy retailers have for long worked on strategies that fluidly combine a physical and online presence. With a strong digital presence and creative strategies, they have been able to offer personalised experiences to their customers. Such extensive and personal engagement by retailers have largely influenced…
Keyboard Banking
Don’t find customers for your product, find products for your customers! – Seth Godin According to a Boston Consulting Group (BCG) study, by the year 2022, global banking revenues will rise to an estimated $5.4 trillion. This number is 75% higher than the level in…
SME Banking
Globally, small, and medium enterprises (SME) account for more than 60% of total employment. SMEs contribute about $850 billion of annual revenue for banks through deposits, payments, lending, and overdrafts. Therefore, it is safe to say that MSMEs constitute a vital part of a country’s…
Composable Banking Solution
The key to success is often the ability to adapt! – Confucius Traditional banks are facing a unique dilemma. On the one hand, they must compete with agile fintech firms (with the best technology), as they offer a consistent customer experience across numerous channels. On…
Is Bhutan ready for the big leap into digital banking?
In 2021’s first edition of Boardroom Talk, Modefin invited Mr.Dorji Kadin – CEO, Bank of Bhutan, to join us in conversation about the banking landscape in the kingdom of Bhutan, what is being done, and how is the country gearing up for the inevitability of…
Banking Tech: In-Store Banking
Banking is transforming with a focus on improving regulatory compliances, bottom lines, and customer experiences. The Covid-19 crisis has the spotlight on customer experiences, as remote access to banking services is no more a convenience but a necessity. Therefore, digitization or providing access to financial…
Digital onboarding – accelerating customer acquisition
If you’re working in a bank, chances are your bank may not have switched over to a digital environment and customer onboarding is still a ‘good to have’ discussed in meetings, and yet to actually make a mark. But you’re not alone. Digital banking solutions,…
4 must-have mobile banking features
4 must-have mobile banking features that will have customers saying “thank you” Today, the next-gen customers are demanding and expecting a level of service that requires banks to provide a banking experience that is fast, convenient and effortless. In view of the expectations and the…
What & Why Omni Channel Banking?
Nowadays End Customers demand a unified and real-time experience on all touchpoints for financial services. The current dynamics of digital innovation and the evolving needs of consumers will drive customer engagement which will be seamless across all touchpoints. Being digitally focused, customers now expect more…
