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Showing posts with the label Temenos

Banking on Digital Money, Cloud & Mobile

When the world decides to Bank on Digital Money we will Go Green and change the way we handle Money! Will Banks change to Digtial money, in the last five decades I have see the face of Banking change globally and Digital Money will also be the future of Banking. My first experience with Banks was when I  operated a Children's Saving Account with a Bank in Bangalore. I could not  see the bank employees face at the teller for many years, I was too short to reach the window. But my father persisted that I learn how to Bank and he taught me to get my bank statement (held in little note book called a passbook) manually updated from huge paper based ledgers. The bank used to  give me a nice metal token when I had to withdraw money, the process of getting your money from your Bank those days did take a while, so I always carried a  book with me. Most of this remains true even today for traditional brick and mortar banking in India....