Digital banking involves the digitization of all traditional banking products, processes, and activities to serve customers through online channels. Banking that is done through the digital platform without any paperwork like account opening forms, cheques, pay-in slips, and so on is referred to as digital banking. It relies on high-level process automation, web-based services, and APIs to provide banks and their customers with high levels of cost efficiency, security, and flexibility.
In today’s increasingly regulated insurance landscape, environmental, social, and governance (ESG) is at the forefront, both in how insurers invest and how you run your organization. ESG expectations come to insurers from a multitude of stakeholders, including customers, employees, board members, and more.