ICT giant Huawei 📱 to introduce 'Non-stop banking' 💳 in Africa. But what does it all mean? TheCitizenTechCheck Huawei
However, it wasn’t until the commercial internet gained momentum in 1995, that this trend accelerated significantly.This concept of banking looked at transactions being available to customers when and where they require it, and was redefined with the arrival of smartphones.
This type of banking is characterised by context-specific interactions that are effortless and convenient, with a layer of intelligent advice based onIt is entirely digital and available through multiple channels, with no need for a physical bank branch, an actual human banker or a distribution network.
The focus is on providing frictionless engagement to customers at all times, regardless of their location or device.Part of the experience of real-time banking through technology which is no longer defined by brick and mortar, is 24/7 service 365 days a year. But optimists like Chen believe that Bank 4.0 might just be exactly what the country needs to propel its battling economy, giving it the wings it needs right now.At this year’s summit, Huawei was not entirely tone-deaf to the energy plight of South African entrepreneurs and came to the table with viable solutions.
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