Quick Fire 🔥 with Mohammed Bashir Yunusa
Meet Mohammed Bashir Yunusa, the Divisional Head, Digital Banking & Commerce at The Alternative Bank, with over 15 years of experience creating value across the financial services industry.
My job revolves around helping people effectively manage their finances. This involves assisting in saving, spending, borrowing, and growing money in a smarter manner. My team is focused on creating banking tools that make the entire process seamless, swift, and valuable. This means developing technology and strategies that allow customers to focus on their daily lives while ensuring their money is being put to good use.
A unique aspect of my work is something called non-interest banking. In traditional banking, lenders often rely on interest as a way to assess creditworthiness. However, in non-interest banking, we focus on the underlying commercial activity that's backing the credit product. Instead of relying solely on risk-based pricing through interest, we build around assets, partnerships, and real economic value. This approach aims to create a more robust and beneficial system for everyone involved.
Written by urgent.news from TechCabal's reporting — not their text. Machine-written — it may contain errors, so check the original before relying on it.
