Tag: banking

  • The Benefits of Online Banking for Busy Professionals

    The Benefits of Online Banking for Busy Professionals

    Introduction: In our fast-paced world, time is a precious commodity, especially for busy professionals juggling multiple responsibilities. Online banking has revolutionized the way we manage our finances, offering convenience, flexibility, and time-saving features. In this blog post, we will explore the numerous benefits of online banking specifically tailored to meet the needs of busy professionals. […]

  • 10 Financial Habits That Will Change Your Life

    10 Financial Habits That Will Change Your Life

    Introduction: Developing good financial habits is essential for achieving long-term financial success and stability. By adopting these 10 financial habits, you can transform your financial situation and set yourself up for a brighter future. In this blog post, we will delve into each habit and provide actionable tips for implementing them into your daily life. […]

  • Savings Accounts vs. Checking Accounts: Which is Better?

    Savings Accounts vs. Checking Accounts: Which is Better?

    A  savings account is a type of bank account where you can store and grow your money over time. It is primarily used for saving money rather than daily transactions. With a savings account, you earn interest on the money you deposit, which helps your savings grow slowly over time. It is often recommended for […]

  • Money: Evolution, Functions, and Characteristics

    Money: Evolution, Functions, and Characteristics

    Money is defined as anything that is accepted as a means of payment for goods or services. It is a legal tender issued by the government of a particular country through its central / national bank for transaction purposes. A bank can be defined as a financial institution that receive deposits from people and lend […]

  • Open banking

    Open banking

    Open banking is a concept that refers to the sharing of financial data between different financial institutions and service providers through the use of application programming interfaces (APIs). It allows customers to give permission to third-party providers to access their financial information and make transactions on their behalf. Open banking aims to promote competition, innovation, […]

  • Challenges of Internet Banking in Nigeria

    Challenges of Internet Banking in Nigeria

    Internet banking, also known as online banking or e-banking, refers to the use of the internet to access and manage banking services and transactions. It allows bank customers to perform a wide range of financial transactions such as checking account balances, transferring funds, paying bills, applying for loans, and more, from the convenience of their […]

  • The Top 10 Tech Trends In 2023 Everyone Must Be Ready For

    The Top 10 Tech Trends In 2023 Everyone Must Be Ready For

    1. AI Everywhere In 2023, artificial intelligence will become real in organizations. No-code AI, with its easy drag-and-drop interfaces, will enable any business to leverage its power to create more intelligent products and services. We’re already seeing this trend in the retail market. Stitch Fix uses AI-enabled algorithms to recommend clothes to its customers that […]