The pandemic has triggered an economic crisis such as the world has never seen. The economic downturn was followed by an unprecedented rebound. It all happened so fast. It left us with a torrent of numbers and seemingly inextricable questions.
Welcome to PCR, a special limited series by The National in which we try to make sense of the numbers and answer important questions on the Post Covid-19 Recovery. Listen to prominent economists and business leaders as they explain the challenges and opportunities of a unique and often complex economic recovery.
Join Mustafa Alrawi, assistant editor-in-chief as he explores the many features of the Post Covid-19 Recovery.
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The pandemic has triggered an economic crisis such as the world has never seen. The economic downturn was followed by an unprecedented rebound. It all happened so fast. It left us with a torrent of numbers and seemingly inextricable questions.
Welcome to PCR, a special limited series by The National in which we try to make sense of the numbers and answer important questions on the Post Covid-19 Recovery. Listen to prominent economists and business leaders as they explain the challenges and opportunities of a unique and often complex economic recovery.
Join Mustafa Alrawi, assistant editor-in-chief as he explores the many features of the Post Covid-19 Recovery.
Digital and online banking have already been steadily rising in recent years, but the pandemic introduced large-scale, full-speed uptake. In some instances, we’ve seen a 200 per cent jump in new mobile banking registrations.
While digitisation was inevitable in the banking sector, many hurdles were slowing the process. From regulations, to security concerns, and the lack of substantial investments, many obstacles stood in the way of a much needed digital transition.
When the pandemic hit, the situation changed. Consumers expectations were the main driver of faster and larger digital banking transition.
2021 was a year for fintech innovation. Electronic payments took off as people shopped online. Many managed their finances online rather than going to bank branches.
Fintech and Big tech companies have achieved tremendous growth since the pandemic.
The future of banking and financial services, is going to be written by both traditional banks and innovative fintech players. Sometimes they are going to be competing, and sometimes cooperating.
Guests:
Carol Houle, Senior Vice President, Global Head of Consulting & Marketing for Financial Services & Insurance at Atos
Georgi Konov, Partner at McKinsey and Co, digital, distribution, and retail banking
Narrated by: Mustafa Alrawi, The National’s assistant editor-in-chief
PCR : Post Covid-19 Recovery
The pandemic has triggered an economic crisis such as the world has never seen. The economic downturn was followed by an unprecedented rebound. It all happened so fast. It left us with a torrent of numbers and seemingly inextricable questions.
Welcome to PCR, a special limited series by The National in which we try to make sense of the numbers and answer important questions on the Post Covid-19 Recovery. Listen to prominent economists and business leaders as they explain the challenges and opportunities of a unique and often complex economic recovery.
Join Mustafa Alrawi, assistant editor-in-chief as he explores the many features of the Post Covid-19 Recovery.
