Why Digital Banking Is Not Only Surviving But Thriving in 2020

Efforts to stem the spread of Covid-19 have forced consumers and businesses into workarounds for meeting basic needs — usually with significant help from pre-existing technologies. Banking is one example — and it’s likely, say experts, to remain substantially tech-enabled from now on as companies and their customers grow accustomed to the ease and convenience of digitized financial service.

Of course, banking isn’t the only case in point. People held online business meetings before the pandemic, but they’ve been doing it much more since — with online-video technology becoming a part of our personal lives for staying connected with family and friends. Online grocery shopping has been around since the mid-1990s, but it has taken on new importance in recent months, as topics like supply chains and logistics have become the stuff of daily news coverage.

Read the full article on the RePay blog.