Digital banks to look out for
Digital Banking by definition, is part of the broader context for the move to online banking, where banking services are delivered over the internet. It provides the ability for users to access financial data through desktop, mobile and ATM services. A few banks have already emerged as players in this new space in South Africa to compete with the traditional big four banks.
These are;
- Tyme Bank
- Discovery Bank
- Bank Zero
On the payment side, more digital payment merchants are emerging daily. Some of these are;
- Centbee
- Snapscan
- Zapper
In conclusion, the fourth industrial revolution is here and in play. Employees might have to look at upskilling to meet new role requirements. The end-user has to look for the right service offering that meets their needs. Banks have to adjust their product offerings to compete and serve their clientele better as well as work with reputable tech firms to substantiate their digital transformation.
At TNG solutions we are a digital transformation consultancy, custom software development, cloud solutions and IT Project management company that provides cutting edge IT solutions. Helping enterprise and start up clients untangle complex issues that always emerge during their digital evolution journey. Contact us for a free consultation session.