Displaying items by tag: Share Management
When we think of the future, we hope a future of progress. The progress that can take one of two forms. Horizontal or extensive progress means copying things that work from lower to higher. Horizontal progress is easy to imagine because we already know what it looks like. Vertical or intensive progress means doing new things, that is; going from nothing to something (0 to 1).
The financial sector in Tanzania has faced the major transitions that pushed the change in operations. Financial activities today are not as they used to be before, amongst many reasons one of the biggest and crucial component is emergency of the so called financial technology or as famously known as Fintech.
In today's transforming financial landscape, lenders are looking for modern, technologically superior loan management system that automates key processes. The need of the hour is for systems which are scalable, fast, flexible and agile, while being cost efficient.
Digital technology has emerged as an important driver of innovation, competitiveness and growth in microfinance. By leveraging the nearly ubiquitous growth of mobile phones, digitization can reduce cost, increase efficiency and allow financial service providers to reach new clients.