AN EXCERPT ON FINANCIAL TRENDS IN BANKING
A BIG PART OF FINANCIAL FREEDOM IS HAVING YOUR HEART AND MIND FREE FROM WORRRY ABOUT THE WHAT-IFS OF LIFE.
Just an overview,i have been reading something in Emerging trends of Banking in Kenya.
New development have emerged in service delivery and product packaging in banking……for example;ATM’s and mobile banking,customers are able to access their accounts and make some transactions over the internet,Some banks are in a position to offer insurance and loans to specific people holding some amount of money,banks offer credit cards hence customers are in a position to acquire goods and packages on credit.
However i came to think of this and noticed that this may have been brought about my increased technology,transport facilities,changes in economy,change in time in that as time goes by financial development changes time after time.Hence,this leads to increased competitiveness within the industries