Banking Basics

As the financial space evolves, debt — be it personal or commercial — has become an indispensable leveraging tool for achieving desired aims. It is commonplace for a household to have multiple sources of debt from various lenders or creditors. From settling a student loan repayment to financing a purchase of a vehicle, people and […]

According to a 2020 Forrester Consulting survey, 65% of businesses report that reconciling payment transactions with open invoices is among the most labour-intensive business process. However, this issue can be mitigated by implementing automated banking transaction reconciliation. AI-powered banking transaction reconciliation can help reduce expenses, improve accuracy, and even reduce—if not eliminate—labour costs. So, in […]

Cryptocurrency is all the rage right now. According to a Fortune Business Insights report, with a CAGR of 11.1%, the global cryptocurrency market is forecasted to grow from $910.3 million to $1902.5 million in 2028. Of course, traditional banks are feeling the heat from their cryptocurrency-oriented competitors. After all, many tech companies are seeking to […]

Since the first digital currency launch in 2008, there has been a massive surge in the adoption and use of cryptocurrencies worldwide. The crypto industry has grown significantly within ten years and now enjoys patronage from over 300 million people worldwide. As with other new and upcoming sectors, the crypto landscape offers several opportunities for […]
Smart Money

Understanding Expense Reimbursement Within the Banking Platform Expense reimbursement within a banking platform is a great way to keep track of your finances. It allows you to manage, track, and control your spending without having to worry about keeping manual records or receipts. With expenses reimbursement, you can easily set up an account with your […]

Just a few short years ago, the Internet was in its infancy. Web1 saw us gaming on CD-ROMs and asking Jeeves questions. Web2 made the Internet much more participative, through Yahoo, Myspace, and Friendster. Broadband entered the fray, as did YouTube, Skyped, and Hangouts. Now, Web3 will soon disrupt the disruptors of the previous age […]

The pandemic definitely changed how people spend their money. According to a recent survey by the European Commission, in 2020, 71% of consumers shopped online. With purchases becoming more convenient, it’s important to be aware of our expenses and stay in control of our finances Of course, this is easier said than done, especially if […]