We are delighted to be covered by Singapore Business Review in their December-January 2016 Issue. In this article, we shared our view on how FinTech firms are challenging conventional banks in Asia.
“Instead of delivering innovative and customer-centric solutions, technology companies have leveraged on opportunity arising from public demand and the incapacity of banks to adapt quickly…Faced with possible customer and revenue losses, banks will not be faulted for viewing FinTech or other similar firms with adversarial light. But Visser says their emergence should be embraced by banks as a sign to shake off their complacency.”
Read more here (page 30).