Studies

20% of Financial Service Business at Risk to Fintechs by 2020

Financial technology companies are shaping the financial services industry from the outside in, and more than 20% of traditional players being at risk to fintech companies by 2020, according to a new report by PowerwaterhouseCoopers (PwC). In a new report

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Banks Gear Up as New Challengers Intend to Eat Their Lunch

Fintech challengers have been gaining ground by offering easier, cheaper or more intuitive ways to compare and acquire the financial services that customers need. Today, the question is not whether these new players will topple the established banking hierarchy, but

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11% of Millennials are Making Purchases from their Smartphone Daily / Security Concerns vs Banking

Millennials have never known anything but new technologies, changing technologies, adjustment and adaptation. Born between the early 1980s to the early 2000s, this generation wants to do everything on their mobile devices, a trend that had the influence to be

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Drastic Shifts in Behavior is Boosting Mobile Banking in Southeast Asia

Digital banking has become a serious business trend as Asian consumers are becoming more and more comfortable with using mobile and Internet channels for banking services. According to a report from McKinsey, the use of mobile and Internet channels for

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Asia Pacific to Become the Largest E-Commerce Market in the World

Asia Pacific’s e-commerce industry has been “explosive,” generating over US$567 billion in total transactions in 2014 with China contributing US$440 billion, surpassing the US with US$140 billion. In the next five years, the region will most likely set the agenda

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1st Fintech Vietnam Startup Report

The first Fintech Vietnam Startup Report with on overview of 28 Vietnamese Fintech Startups. Moreover this reports shows interesting information about the Vietnamese age populaton and shows exciting facts about internet, online banking and credit card usage. And there is one

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Accenture Fintech APAC Study: Fintech Investment to Quadruple in 2015

Fintech investment in Asia-Pacific has been on the rise. In the first nine months of 2015, there had been 122 deals totalling a record of US$3.4 billion injected in the sector, according to a new report from Accenture. Entitled ‘Fintech

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Mobile Phone Continues to Be Vietnam’s No. 1 Device for Internet Use

Mobile use in Vietnam has significantly increased Internet penetration and growth in e-commerce, a new report says. According to Moore Coorporation’s latest ‘Vietnam Digital Landscape 2015’ report, Vietnam is experiencing meaningful growth in Internet penetration, all thanks to mobile phones.

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PwC Report: Cryptocurrency Can ‘Open the Door for Revolutionary Possibilities’

Cryptocurrency will still face many challenges but is here to say, according to ‘Big Four’ advisory firm PricewaterhouseCoopers (PwC). In a recent whitepaper, the firm claims that the technology “has the potential to open the door for revolutionary possibilities.” Entitled

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SMEs’ Limited Access to Financing is an Untapped Opportunity for Banks

In the ASEAN region, Small and Medium-sized Enterprises (SMEs) still have limited access to financing. Despite their critical economic role in countries such as Malaysia, Indonesia, Thailand, the Philippines and Singapore, the segment represents a major untapped opportunity for banks

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