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ECS Fin-Transaction Processing & Automation

Credit Suisse & AXA: Launch digital bancassurance services

CSX Credit Suisse's digital banking offering that enables clients to carry out their day-to-day banking transactions simply, quickly Credit Suisse launching integrated bancassurance solutions...

Latest Posts

Redflow: Completed its capital raise

Battery manufacturer Redflow (RFX) has finally completed its capital raise, walking away with $6.9 million in additional funds The company first announced it...

Credit Suisse & AXA: Launch digital bancassurance services

CSX Credit Suisse's digital banking offering that enables clients to carry out their day-to-day banking transactions simply, quickly Credit Suisse launching integrated bancassurance solutions...

Family Zone: Raises $22M for business expansion

Cybersecurity company Family Zone (FZO) is planning to raise up to $22 million through a placement and share purchase plan While it has...

Austal: Buys BSE Maritime Group for $27.5M

Global shipbuilder Austal (ASB) has signed to buy ship repairers BSE Maritime Group for $27.5 million The purchase is in line with Austal's...

Banking: New business models

Banking: Slowly, new business models are introduces for the digital age

  • The business model which the banking industry built, that of fee and float income, clings stubbornly to life
  • Banks levy account service fees, transaction charges, insufficient funds charges with their customers
  • New ways include Fully feldged aggregators, E2E open platforms, Traditional banking services,Infrastructure providers
  • They must provide more than a direct financial benefit, but assist users with managing some part of their financial lives
  • The advantage, build its brand with its target customers,build a set of features and partnerships for those customers
  • Main difficulty for freelancers are
    • Properly accounting for their income and expenses
    • Built an app which combines both banking and accounting

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Latest Posts

Redflow: Completed its capital raise

Battery manufacturer Redflow (RFX) has finally completed its capital raise, walking away with $6.9 million in additional funds The company first announced it...

Credit Suisse & AXA: Launch digital bancassurance services

CSX Credit Suisse's digital banking offering that enables clients to carry out their day-to-day banking transactions simply, quickly Credit Suisse launching integrated bancassurance solutions...

Family Zone: Raises $22M for business expansion

Cybersecurity company Family Zone (FZO) is planning to raise up to $22 million through a placement and share purchase plan While it has...

Austal: Buys BSE Maritime Group for $27.5M

Global shipbuilder Austal (ASB) has signed to buy ship repairers BSE Maritime Group for $27.5 million The purchase is in line with Austal's...

Trending Stories

Redflow: Completed its capital raise

Battery manufacturer Redflow (RFX) has finally completed its capital raise, walking away with $6.9 million in additional funds The company first announced it...

Credit Suisse & AXA: Launch digital bancassurance services

CSX Credit Suisse's digital banking offering that enables clients to carry out their day-to-day banking transactions simply, quickly Credit Suisse launching integrated bancassurance solutions...

Family Zone: Raises $22M for business expansion

Cybersecurity company Family Zone (FZO) is planning to raise up to $22 million through a placement and share purchase plan While it has...

Austal: Buys BSE Maritime Group for $27.5M

Global shipbuilder Austal (ASB) has signed to buy ship repairers BSE Maritime Group for $27.5 million The purchase is in line with Austal's...

King Island Scheelite: Raises funds for Tungsten Mine

King Island Scheelite (KIS) has received binding commitments to raise over $2.5 million via a placement All up, roughly 46.7 million new fully-paid...

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