Traditional banks have long reigned over the financial services industry. When the 2008 financial crisis shook the economy in Asia and around the world – this began to shift, and new restrictions were put in place to pave the way for disruptors in the fintech industry and challenger banks to emerge.
The new contenders — operating on tech-powered platforms and with digital features — are set to offer new-age banking services that capitalize on “data-fueled, hyper-personalized experiences in real-time.” Read the complete article HERE.