The Evolution of Banking

Banks are one of the oldest, and most important businesses of our industries. Banks have two important economic functions, the first being financial intermediation. The money deposited, lent or invested in banks go towards the creation of governments, households, and business enterprises. Most banks are profit-seeking corporations that make their profits by charging borrowers. This Read more about The Evolution of 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[…]

Zikher’s Usability Study

A usability study was conducted to test customer satisfaction derived from the use of digital lending platforms, particularly Zikher’s platform. Below is the methodology and key results from the study: METHODOLOGY The financial industry is embracing digitization, for it is the future of banking. As there are efforts to make the lending process completely digital, Read more about Zikher’s Usability Study[…]

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[…]

Why Collaboration Between Banks and Fintech is the Right Step Forward

A few years back, it was predicted that fintech would make banks slowly disappear. Industry professionals predicted that 40% of revenues and 60% of retail bank profits were threatened by fintech rivals. But in recent years people believe that banks and fintech can work together.  People label the age of fintech in “three waves.”  The Read more about Why Collaboration Between Banks and Fintech is the Right Step Forward[…]

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[…]

Will Fintech Require Regulation?

Fintech is a rapidly evolving sector that has increasingly drawn the attention of many regulators. Even though President Trump has promised to reduce regulations across the economy, it is speculated that fintech could expect to face quite the opposite trend. This industry is growing at a fast pace. A Business Insider Intelligence found that “in Read more about Will Fintech Require Regulation?[…]

Zikher Will Participate in Queen City FinTech Accelerator!

Zikher Will Participate in Queen City FinTech Accelerator!  Zikher is excited to announce its participation in Queen City FinTech among a class of financial technology startups!  San Francisco, CA. Zikher was selected along with twelve other fintech startups to participate in the Queen City Fintech accelerator program in Charlotte, North Carolina. This year, the program received an Read more about Zikher Will Participate in Queen City FinTech Accelerator![…]

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