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[…]

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[…]

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[…]

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[…]

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![…]

Credit Unions & Their Benefits

If you’re wondering what credit unions are and want to know everything about them, then you’ve come to the right place! Investopedia defines a credit union as, “a member-owned financial co-operative that is created and operated by its’ members and profits are shared amongst the owners.” Credit unions are similar to banks in the sense Read more about Credit Unions & Their Benefits[…]

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