The number one aim of small businesses is to become profitable, and quickly. By nature, a small enterprise will have seasonal ups and downs and a cash cycle dictated by factors beyond their control, so ensuring they have enough cash to hand is critical. Profitable companies might see their cash reserves affected if they are moving too fast, and stagnating companies might find an unexpected liquidity issue unsurmountable.
Davivienda y Strands unen fuerzas para traer su exitosa solución de PFM al mercado colombiano y latinoamericano, como parte fundamental de su compromiso con la innovación y apuesta por la banca digital. Entrevistamos a Margarita Henao, VP de productos de banca personal en Davivienda, sobre el motivo de este cambio y lo que significa para el futuro de la banca en la región.
Davivienda and Strands join forces to bring their successful PFM solution to the Colombian and Latin American markets, as part of their commitment to innovation and to the future of digital banking. We chatted to Margarita Henao, Vicepresident of Personal Banking Products at Davivienda about the bank's quest to innovate and offer the best service to their customers.
The Banking Business Model, In Detail – Part I: Cross-Border Payments
Everything has already been invented. How many times have you heard this said? It’s true that since the start of the internet revolution, creating new business ideas seems to be less of a daunting prospect and a increasingly attainable option for all. As a result, it now seems especially difficult to create new added-value services.
2018 will bring exciting change in the banking sector. This will be a year in which new regulations and new ideologies will cement their presence in finance, and the customer will continue to rule the roost. A year of optimizing experiences, revamping our digital offering and taking banking to the underserved segments of the world.
Not for the faint of heart, but given the banking trends for 2018, banks would be wise to add a few of these to their resolution list!