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Hello Faisal

I enjoyed reading your article, as nowadays money transfers wil surely be affected by technology and new regulations.

There is no doubt that tech revolution will reach money transfer by changing and increasing security and protection of data.

Nowadays fintech are more focused on improving difgital banking delivery channels, but the revolution is coming to evolve the traditional money transfer by introducing the branchless banking specially in rural countries.

This practice has been proven in Pakistan, Sudan and Philippines, KYC is more maintained in addition to customer satisfaction specially when using their mobile devices for transfer.

I will be happy if i can have your comment.

Regards.

I really enjoy reading this article and allow me to think much wider how all innovations are affected by those human behaviors.

The reason for innovation is the need.

We all have common needs but our behavior is differen. it is really impressive to have innovation to scale up our economic growth, take advantage of opportunities and have better returns.

Thank you Nischala for this interesting article, I really enjoyed reading it.

I was very close to your thinking as I work in IT Financial services and innovation is crucial in this field.

What you cited are essential to every Manager, Director, EVP and CEO to think about and share the strategy with his team.

Thank you Tolda for this article

I believe for the last question related to selling our products, CRM can be very efficient in this area, as it provides the interaction with our customers speically when it is integrated with online social media.

Also the campaigns  would provide us opportunity management, and increase our cusotmer loyalty, secure future revenues and decrease the likelihood of customer defection.

Banks are more and more investing in this corner as part of digital banking.

Thank you Tolga for this interesting article

You showed how we are still relying on old findings then still building and evolving them.

I still remember, 20 years back when my father bought the first Siemens Mobile device... it was somehow revolutionary.

I believe in most cases, we are continuously performing what we have in hand and not substituting them, Do you agree with me?

The Debit/Credit card is and will remain the most popular, easy and effective technique for settlement as it is supported in all stores, malls and reataurants.

Nowadays, with the introduction of the mobile apps payment, P2P with a minimal cost, this will affect negatively for sure the usage of cards,in addition, to the biometric authentication and NFC payment.

The world is moving to digital banking and banks are investing in all corners, but this is not enough, also the culture needs to be spread and introduced to the society in its correct state.

I like this article, whereby we can use our mobile banking technology to recover from a disaster.

The ATM will stay the Crown Jewel channel for the banking services and customer satisfaction.

sometimes we are more spending our time on relgulations rather than innovation.

interresting video