Trends All BFSI Professionals Need to Be Prepared to Tackle in 2023 and Beyond
The BFSI (Banking, Financial Services, and Insurance) industry is constantly evolving and it is important to stay informed about the latest developments. Here are some key points to keep in mind for 2023 and beyond: BFSI must increase digitization – The trend towards digitalization in BFSI will continue to grow, with an emphasis on online banking and mobile payments. Upgrade Regulation – The industry is heavily regulated, and regulations will continue to change and evolve in the coming years. Companies will need to stay up-to-date with the latest rules and regulations to remain compliant. Improved Cybersecurity – As the trend of conducting financial transactions online continues to grow, it has…
Title: How to Open a Bank Account in China as a Foreigner?
Opening a bank account in China can be a daunting task for foreigners, but it is essential for anyone living or working in the country. One of the key factors to consider is the ease of opening an account, especially for those who are not fluent in Mandarin. Many banks require a significant amount of paperwork and documentation, which can be overwhelming. This guide outlines the necessary steps and requirements to open a bank account in China as a foreigner. Step 1: Choose a Bank that accepts foreigners to open an account There are several banks in China, including the Bank of China, Industrial and Commercial Bank of China (ICBC),…
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