Digital
It only takes 6-9 months to build a digital bank or insurance solution with Edge. SINGAPORE and KUALA LUMPUR, Malaysia and HONG KONG, Jan. 18, 2022 /PRNewswire/ — Oliver Wyman Digital today announced the launch of Edge, a digital platform with Banking-as-a-Service (BaaS) and Insurance-as-a-Service (IaaS) solutions to help incumbent banks and digital challengers accelerate […]
The Reserve Bank of India (RBI)’s decision to allow small-value offline digital payments through digital channels such as cards, wallets and mobile devices may encourage innovative digital payments solutions without internet access, experts said. On 4 January, the central bank said offline digital payments of up to ₹200 will be allowed without active internet connections. […]
The report defines Atoms as businesses dealing physically, and Bits as those that carry out business digitally. The report highlights key success factors for digital businesses, accounting nuances and how to go about valuing these companies. Lower marginal cost The report highlighted that one of the advantages for new digital companies is lower marginal cost. […]