SME banking is an untapped market in terms of digital transformation. SMEs have not benefited from the same innovation in India’s SME banking sector compared to retail clients since it has not been adequately digitalized. SMEs are frequently ignored and underutilized despite their need for simple access to financing. Most economies, especially emerging nations, depend heavily on SMEs, which also…
Day: 30 November 2022
Banking the SME Market
NEXT-GENERATION PAYMENT METHOD5 (1)
It would help if you had a small business that accepts payments online and in person. While accepting cash is always possible and free of credit card processing costs, small businesses must accept various payment methods. Only 36% of clients regularly carry cash on them; this poses a problem for the 55% of small businesses that do not accept credit…
IMPORTANCE OF DATA SECURITY5 (1)
Data Security is a recent concern domain for businesses. A careless action can lead to a huge, dangerous effect of data misuse. Thus, it is required to find out strategies to protect the sensitive stuff of your company. But why is data security important? Data is an authentic and unique asset that has the power to create, fetch, save, and…