With disruptive growth in information and technology and emergence of new tech-based platform, the dynamics of banking and financial institution, governance, organizational set up has been changing. Further the integration in financial system and communication technology has fueled the growth, created new opportunities and disrupted the way business are done traditionally.
Digitization in Nepal is still at its primary stage with various state enabler slowly focusing digitization on operation. With changing landscape of banking and financial institution, it has become imperative for institution to adapt Digital Financial Services as only option to remain on top of technology and innovation curve.
World bank study (2016) shows Mobile cellular subscriptions (per 100 people) at 81.9, Similarly, Mobile money accounts (active per 1,000 adults) is at 55.6 in Nepal. With advent of changing technology the country like Nepal has tremendous opportunity to leapfrog in area of access to finance.
Pursuant to the above priority in the financial system, NBI is organization the one day Conference on “Digitization”