Thu May 27 HKT (5 months ago)
In your timezone (EDT): Thu May 27 3:00am - Thu May 27 4:00am
There are more and more new ‘virtual banking’ entrants across the main economies of Asia, and other new licenses are either being issued or in the pipeline. There are some daunting estimates by some leading consultancies, Gartner for example, that many banks across the world will be driven out of business by the rise of the Neo banks, empowered by AI-driven insights and digital solutions; hence the traditional and legacy banks and the incumbent wealth management providers ignore these developments at their peril. The ability of these Neo banks in the future to compete across a wide variety of products and solutions should not be underestimated, as they leverage AI, machine learning, data mining/analytics and other technologies and processes to fight for market share in credit, risk management, investments/trading, portfolio management, deeply personalised advisory, and in other key areas.
Hubbis will assemble a panel of experts offering immense expertise to provide delegates at the Digital Dialogue with invaluable insights on positioning themselves for what is the seemingly inevitable rise of the ‘Neo’ or ‘challenger’ banks, alongside the rise of the robo-advisories across the region.
Chief Executive Officer, Swissquote
Managing Director Asia Pacific, CREALOGIX
Partner, Bain & Company
Senior Vice President, DBS Bank
CEO Asia Pacific, Saxo Markets