- February 5, 2018
- Posted by: admin
- Category: Uncategorized
The digital revolution has had a major impact on almost every aspect of our lives. From the way we interact with others to how we watch television or work at our desks.
This is not different to the way that banking has changed, the change has been deep and impacted on every aspect of banking from the way customers are managed through to the investments made.
You may ask, how is the Banking Hall becoming less Busy?, Key developments within the sector have erased memories of dreary days when people had to walk into banking halls, wait in queues to withdraw money, deposit savings or request for a loan.
Telecommunication companies have been providing easy connectivity through mobile phones while banks only provided banking services. There has been noticeable convergence that has bridged the gap between telephony and financial services over the years, thanks to technological innovation.
In this same vain we at Verite Microfinance Bank have gone the extra mile in providing what we call the (P&P) Push and Pull services. where Customers can now directly transfer money to and from their bank accounts through their mobile Phone instead of a mobile money agent.
This comes in handy as we continued the drive towards managing accounts even for people living miles away from the our bank are set to benefit from innovations.