Banking

Why should I choose a career in finance?

The simple answer is – it makes good sense and the more difficult question is – am I the right fit for a job in finance. Finance is versatile as it transcends business, economics, accounting, marketing and technology – all standard subjects taught at university and colleges to earn degrees and diplomas. The biggest challenge to any student is always to decide whether the course specialization is the right fit Many students join courses due to peer-influence, family-pressure or ‘sounds

Disruption in Transaction Banking

Transaction banking is an area that’s ripe for disruption. It’s a business that historically has had ROEs north of 20% and been very profitable, but an area where client satisfaction has been low. A recent study in North America suggested that 60% of clients were either dissatisfied or very dissatisfied with their payment services and the financial institutions. The reasons behind that are slowness, complexity of processes, and opaqueness of fees and pricing. Now, new technologies are offering opportunities to really