In recent years, new
technologies have replaced traditional solutions . The report by McKinsey &
Company leaves no doubts about this. Inhabitants of this part of the world adapt
new technological solutions with great ease .
According to research, people of the Asia-Pacific
regions account for as much as 50% of all of the internet users in the world.
Therefore it should not be surprising that this is a huge challenge for several
areas of business. Including banking.
Banks are in constant competition to have the newest
technological solutions. And clients adapt quickly. Internet and telephones are
increasingly edging out traditional bank branch visits. This makes everything faster,
cheaper and more convenient. Deloitte predicts that as early as 2025, a lion's
share of the purchasing power in Hong Kong, Australia, Malaysia and Singapore
will rest in people who can ...
Banking innovation season is in
full swing. More and banks are competing to seewho can modernize client
relationships more and how to make contact even safer. The fight for domination
is taking place everywhere, in both audio and video channels. So, who will win?
Today, this is difficult to predict. Everything could turn remotely confirmed
identity, or so-called online verification via biometrics, voice transaction
authorization, or the shape of the face or fingerprint, upside down at any
Online verification is the use of the latest
technologies in the process of checking the identity of a bank client. Such
verification is faster than a more traditional visit to the bank branch and can
be done virtually anywhere. The electronic ...
The attention span of the typical millennial is only 8 seconds — one second less than that of a goldfish. But as negative as that sounds, it's not really a bad thing. Millennials are astonishingly good at separating truly relevant information from noise, which they let fade away in the background. That's why in order appeal to millennials and win their trust, we need a much more personalized approach that takes into consideration their level of financial literacy, the needs they have, and the issues they face.
The new era of information technology that has been around for a scant 25 years or so has become our new reality, to the point that we barely even notice how privileged ...