Homeneobanks

Tag: neobanks

tech giants banks
InBlog Post

Prediction on Tech Giants Vs Banks has come true

What I predicted last year (Tech Giants vs Banks) has come true. Google is the latest tech giants to enter into banking sector. The move follows the Facebook Pay, Apple Pay, Uber Money, Amazon, Walmart, Alibaba and Tencent. The tech giants have started to make use of its massive customer base, enhanced customer experience, latest…
Retail Banking
InBlog Post

TOP 5 Trends in Retail Banking in 2020

Considering the fast paced technological advancements and highly demanding customer’s behavior, my prediction for the TOP 5 Trends in Retail Banking in 2020 would be: 1. TechGiants emerge as a big challenge to existing banking business. TechGiants to watch in 2020 are a. Apple Pay b. Uber Money c. Amazon d. Facebook Libra e. Ant…
tech giants banks
InBlog Post

Tech Giants vs Banks. Who will be the Winner?

UK watchdog says Big Tech pose biggest threat to banks. Amazon, Google and other Big Tech companies could compete with banks in basic products and undermine their ability to offer free accounts, Britain’s financial watchdog said. The Financial Conduct Authority published its final report on its study of retail banking business models; saying new payments…
InBlog Post

NeoBanks: A New Wave of Growth Disrupting the Banks

Innovation, technological disruption and wave of digital transformation have hit the banking and financial industry very severely after a decade old financial crisis. According to Gartner by 2030, 80% of heritage financial services firms will go out of business, become commoditized or exist only formally but not competing effectively. The analyst says these firms will…