Likkle Byte Ideas – Why Fintech Matters to Entrepreneurs

The 𝙇𝙄𝙆𝙆𝙇𝙀 𝘽𝙔𝙏𝙀 𝙄𝘿𝙀𝘼𝙎 𝙎𝙃𝙊𝙒 is sponsored by SamuelFields Consulting Group and is the brainchild of hosts, Derede Whitlock (CMO) and Megan Samuel-Fields (CEO). This digital show looks at finance as a lifestyle journey and connects financial well-being to overall health. We feature dynamic speakers who discuss money as a critical part of our self-care routine.

We will celebrate Entrepreneurship Month during the month of November. Let us focus on this dynamic process that not only increases wealth, but also creates value that can improve our well-being. See you every Wednesday @ 5pm on our FB page or YouTube channel. Subscribe to our YouTube Channel for previous episodes or conferences. Click here

Financial Literacy:  The New Frontier of the Banking Customer Experience

Our guest this week was Shamair Gilkes, Personal Banking Officer at East Caribbean Amalgamated Bank (ECAB). She believes that customers’ needs should be at the center of the banking experience.

While bank accounts keep customers’ money safe and allow them to spend and save, checking and savings accounts are more than repositories for hard-earned money. In fact, banks like ECAB offer a number of built-in perks that can help customers manage their money better so they can keep more of it in their accounts.

ECAB offers a range of tools to help customers achieve their goals. She also explained that banks use the opportunity to educate customers about various financial concepts, like how to manage debt. “Debt is a stepping stone. It’s when you don’t manage debt that it becomes a millstone around your neck. It starts with setting clear financial goals,” Gilkes said.

ECAB Encourages Customers to Think Outside the Bank.
Gilkes explained that during the pandemic, customers had limited access to the bank and so they had to rely on alternate delivery channels like the ATM, on-line bill payment or peer-to-peer money transfers. No need to wait on line. ECAB encourages customers to use, and become familiar with, various banking interactive tools, practical strategies, and more — all designed to help increase financial literacy and help customers reach their financial goals.
Check out SFCG YouTube Channel to watch the FULL EPISODE HERE.