Vritti December 2018 | Page 3

vritti December 2018 Blurb Banks are facing stiff competition from fintech companies. Hence, for banks, going digital is a reality today and providing a differentiated digital banking experience to consumers across segments is the norm. We look deeper into this trend and explore how digital banking is growing in Middle East and Nigeria in articles – ‘Digital Banking Making Inroads into Middle East’ and ‘Leading Nigeria to Digital Banking Age’ Next, we shift our focus to mobile money and discover the smartphone’s potential to transform mobile money services in Africa in the article ‘Increasing Smartphone Penetration in Africa: Tremendous Scope to Revolutionize the Mobile Money Market’. Lastly, we find out how mobile money services are helping mid and low income people to invest in capital market and grow their money in the article ‘Mobile Money: From Financial Inclusion to Financial Enrichment’ I hope you like reading these articles, as much as we loved creating them. Happy Reading! Srinivas Nidugondi SVP and Head of Mobile Financial Solutions at Mahindra Comviva 3