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 ...Read more