Page 9 - THE NOTICEBOARD NEWSPAPER EDITION 68 MAY-JUNE 2021
P. 9
May - June, 2021 Page 9
Key Digital Transformation Ways to Save Money
Continued from pg 14
Trends in Financial Services has lots of stress, they
want to spend a lot.
factors in the finance People go shopping and
industry transformation. use lots of money on their
These measurements and credit card.
So, what is the solution?
metrics can tell a company
Even though there are
whether or not it is
good ideas if you don't
transforming smoothly. change your mind those
words will mean nothing.
Open Banking Meditation is a perfect to
Open banking is also known tool to look back your life
first. Meditation is self-
as “open bank data.” This
reflection. When you look
refers to a practice in the
institutions can use this data back on your life you will
finance industry that
to target the right audiences see how you lived your life
allows third-party and with what kind of
at the right time.
providers access to the minds set you had.
consumer banking Knowing what mind you
Cyber and Data Privacy
ecosystem. This means have and where you are is
These days, businesses and the first step to changing
that these financial
customers both care about your behavior.
institutions can collect
cybersecurity and data For example, through
information and data from
privacy. As attackers learn self-reflection, you can
other financial institutions. find out the moment you
more effective, malicious
are comparing yourself
methods of hacking,
With AI and ML, financial with others about money.
businesses have to keep up. In
You can find out for
turn, they have to create y o u r s e l f w h o f e l t
Dear Entrepreneur,
better-protected programs. inferiority to others about
We can profile your To get a better look into money.
company & let your cyber and data privacy in Once you are able to see
potential customers finance transformation yourself clearly you can
change your mind about
know: technology, take a look at the money. You can stop
fintech security requirements. overspending. You can
spend your money on
Who you are...
By taking advantage of the what you really need. So,
What you sell...
industry's extensive you can save more money.
What services you provide
knowledge of cybersecurity
Well .... tell the people of
and data privacy, many
Ghana anything you want businesses see how
them to know about your transformative the change
business. into the digital world can be.
Ihor Feoktistov
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