Launch of new apps and portals to facilitate online banking experience
The banking and financial companies are striving to make their operations technology-driven. The launch of online banking facilities is one of the steps taken in that direction. Many fintech companies and banks are launching their apps and online portals to facilitate the banking experience for their customers. New fintech organizations are formed and new apps are launched to facilitate the experience of customers from specific regions. Moreover, new online portals are launched to facilitate trading activities with foreign entities. These steps are taken to close the existing gaps and offer improved experience to customers. According to the report published by Allied Market Research, the global online banking market is estimated to generate $31.81 billion by 2027. Following are some of the activities taking place worldwide. Fintech companies are trying to close the existing gaps through the launch of innovative products. In addition, some of the entrepreneurs are launching new com