Tag "digital banking"

Digital Finance and Banking Trends for 2017 in Asia

Fintech has further risen in 2016, a year marked by an increase in governments’ support and interest in the field. The regulatory sandbox approach has taken hold in Asia-Pacific. In the third quarter of 2016, Hong Kong launched a regulatory

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Oracle, Wharton Fintech Report: Millennials, An ‘Immense Opportunity for Banks’

Totaling 80 million individuals who are commanding US$1.3 trillion in direct annual spending in the US alone, Millennials are the largest generation in world history. The demographic represents a diverse financial services segment completely different from their predecessors and an

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Mobile Banking Surges in Asia

Mobile is already the largest banking channel by volume of transactions and its adoption by new customers is entering an exceptionally rapid phase. A survey (pdf) by McKinsey and Company found that across ASEAN (Singapore, Malaysia, Brunei, Cambodia, Indonesia, Laos,

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Life.SREDA: ‘Second Wave’ Neobanks Are Coming From the UK

Mobile bank users globally are forecast to more than double by 2019, according to a 2015 KPMG report, and the millennial generation, born from the 1980s to the early 2000s, may well be the reason of this emerging trend. Real-time

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UK Fintech Startup Secco Wants To ‘Reboot’ Banking

You think a bank needs a branch or an app? Think again, because UK-based Secco will offer none of these, and not even an interface actually. Instead, Secco will operate as an underlying service hidden in all the apps we

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