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References
- ↑ Dabo, Mohamed (2021-12-20). "Transaction Banking Booms: A Rising Star in the Financial Services Industry". Retail Banker International. Retrieved 2024-06-05.
- ↑ "Annual Report 2020-21" (PDF). ICICI Bank. Archived from the original (PDF) on 2021-10-30. Retrieved 2024-01-29.
Demonetization in India in November, 2016 (in which the then existing notes of denomination of Rs.500 and Rs.1000 were demonetized), digital revolution in payment and settlement systems that India witness during 2010-2020, India witnessed in the activities of transnational banking. Banks offered a number of industry and business specific solutions, including end-to-end digital capability for the capital market industry. The ICICI Bank in its Annual Report for the year 2020-21 gave information of such activities under the caption- Transaction Banking'. The Report inter alia, states that "with a focus on capturing the entire 360° banking opportunity, the Bank continues to create best-in-class digital solutions to meet the varied requirements of our customers.... these solutions range from industry shaping initiatives such as the first 'e-bank guarantee with e-stamping' issuance in collaboration with the state of Uttar Pradesh, thus creating a pathway for complete paperless bank guarantee issuance and advising, and amendments to operational efficiency-enhancing solutions for our customers such as a simplified digital payment solution for 'Multi-state GST'. Customisation at a scale is a key factor in our approach.
- ↑ Akash, Lal; Vinayak, HV; Tommaso, Natale; Ritter, Raffaela; Sunghman, Seo; Chaudhurl, Reet (September 2012). "Rising to the Challenge: Transaction Banking in Asia-Pacific". McKinsey on Payments. McKinsey & Company. pp. 10–17. Archived from the original on 8 May 2015. Retrieved 2 August 2020.
- 1 2 "Transactional Banking Market Size and Forecast To 2032". PragmaMarketResearch. Retrieved 2024-06-05.
- 1 2 "Technology innovations driving change in transaction banking | McKinsey". www.mckinsey.com. Retrieved 2024-06-05.
- 1 2 "The Transaction Banking Advantage: The Path to Profitable Growth".
- ↑ Network, BFSI (2023-05-25). "Exploring the benefits of transactional banking for small businesses". Elets BFSI. Retrieved 2024-06-05.
- ↑ Sharma, Priyanka (2019). "Impact of digitization on transaction banking in financial industry: An evolving landscape". doi:10.13140/RG.2.2.17452.41606.
{{cite journal}}: Cite journal requires|journal=(help) - 1 2 Team, CredAble (2023-12-07). "Revolutionizing Finance: Embracing Invisible Banking for Seamless Transactions". Credable. Retrieved 2024-06-05.
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