Tag "challenger banks"
Mobile Transactions in Vietnam Projected to Surge 300% In the Next 5 Years
Between 2021 and 2025, mobile transactions in Vietnam are expected to surge 300% as Vietnam continues to leapfrog into the mobile channel, a new report by IDC and Backbase found. The second edition of Fintech and Digital Banking 2025 Asia
Read MoreChallengers Bank Raised Over US$6.8 Billion in 2020 to Disrupt Traditional Banking
Challengers banks continue to attract investors’ interest, raising US$2.4 billion through 58 deals in Q3’20. This brings the total amount of funding raised by digital banking players so far this year to more than US$6.8 billion, according to CB Insights’
Read MoreDigital-First, Challenger Banks in Asia
Asia’s banking landscape is on the verge of a major transformation as regulators introduce new rules to open up the market and welcome new digital-only, challenger banks. The following list aims to provide a comprehensive overview of Asia’s challenger banks
Read MoreOracle Survey: Incumbent Banks Must Go Digital To Stay Relevant
The era of traditional banking is coming to an end as customers are now demanding banking to be better integrated into their digital lifestyle, providing service that is instant, integrated with social platforms and driven by data, according to a
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