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Digital Banking and its Benefits
“Digital” is the new buzz word in the banking sector, with banks all around the globe hopping onto the digital bandwagon. Banks of all sizes are making sizeable investments in digital initiatives in order to maintain a competitive edge.
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what does “digital” actually mean?
Digital Banking is the present trend in banking. It is not just about banking using the internet but is much more, based on the SMAC(“Social, Mobile, Analytics and Cloud“) model, which puts customer first and cuts costs associated with banking. SMAC makes banking business more agile and customer centric which contributes towards the building of Digital banking.
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DIGITAL BANKING BENEFITS
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