Why Digital Banking Is Not Only Surviving But Thriving in 2020

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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.

 

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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.

 

Share:

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img_Turnkey-Lender_Benefits-of-Buy-Now-Pay-Later-services-for-consumers-and-businesses-1920-scaled

Benefits of Buy Now Pay Later services for consumers and businesses

img_Turnkey-Lender_Just Some of the Things TurnKey Lender Standard Platform is Capable of -1920

TurnKey Lender Standard Platform Capabilities (With a Bonus White Paper) 

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Flexible loan application flow

Automated payments and loan servicing

Efficient strategies for all collection phases

AI-based consumer and commercial credit scoring

Use third-party data and tools you love.

Consumer lending automation done right

Build a B2B lending process that works for you

Offer payment options to clients in-house

Lending automation software banks can rely on

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