Creating a Better Digital User Experience Through Digital Lending

Financial institutions have seen a rapid increase of digital lending. Fintech solutions, or “disruptors” have caused major impacts in the market. This is due to the following statistics (Corporate One reference): 59% of payments are now done online or on mobile devices Desktop use is down 20%, mobile use is up 30%, 50% of consumers Read more about Creating a Better Digital User Experience Through Digital Lending[…]

Ethical Banking

Ethical banking is defined as a banking system that embraces socially and environmentally conscious practices. It is a broad concept that can encompass anything, from providing financial aid to an environmentally-friendly company to participating in a charity event for housing. Banks try to practice ethical banking while simultaneously making profits, which is their top priority. Read more about Ethical Banking[…]

Financial Data Security

According to Info Security Magazine, “About 83% of consumers believe their banks are secure from cyber attack and trust it with their money and most sensitive data too.” It is interesting that the majority of consumers have this level of trust with their banks, as just one in five banking executives are highly confident in Read more about Financial Data Security[…]

Peer-to-Peer Lending Vs. Bank Lending

Do you need to borrow money? Traditionally, people have turned to their local bank to take out a loan for a range of commodities like a house, car, or even a luxury vacation. In the past several years, peer-to-peer lending has become popular due to the banking crisis that has affected people’s ability to borrow Read more about Peer-to-Peer Lending Vs. Bank Lending[…]

What is Fintech & Its Benefits?

Fintech is reshaping the way financial services take place in the 21st century.  What is Fintech?  Investopedia defines fintech  (or financial technology) as “a portmanteau of financial technology that describes an emerging financial services sector in the 21st century.”  These services typically consist of banking activities that are in an online format that are but Read more about What is Fintech & Its Benefits?[…]

Advantages of Mobility in Banking

Advantages of Mobility in Banking include: Customers can perform transactions securely on mobile and web apps, and multiple security checks are in place. Banks can effectively advertise their financial products and tools to their customers. Employees in banking have upgraded their working process with smartphones and tablets. Banks can sync up with app development companies Read more about Advantages of Mobility in Banking[…]

Steps of the Loan Process Explained for Millennials

As millennials are establishing their place in the economy, more are borrowing money to purchase cars, houses, etc. The process has proven to be complicated and mistakes can be expensive. It is important to prepare yourself and to be informed about the process before taking out a loan. Do your research: Decide Where to Borrow Read more about Steps of the Loan Process Explained for Millennials[…]

Meet Zikher’s Team!

Meet Zikher’s team! Our team is a group of unique and determined individuals who bring many different talents to the table. Below, you can get to know each team member and find out what superpower they would want to have if given the opportunity! Amir Khan:   Amir is the founder and CEO of Zikher, who Read more about Meet Zikher’s Team![…]

How Changing Consumer Needs Are Shaping Financial Services

Technological innovation led by fintech companies is shaping consumer expectations and demands in the financial industry. Banking customers want better service and optimized convenience when dealing with their finances, and they know technology can provide them with that. These expectations and demands are forcing banks to innovate their financial services to keep their customers satisfied. Read more about How Changing Consumer Needs Are Shaping Financial Services[…]

Community Banks & Their Benefits

Community banks are a solution for people who are looking for full banking services in their suburbs or towns. Legally speaking, community banks keep it simple. A majority are stand-alone or is owned by a bank holding company (BHC), which is a corporation designed for the purpose of owning a bank.  Your deposit in a Read more about Community Banks & Their Benefits[…]

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