Retail Finance Working Group Report
Authoritative monthly reports, which capture not only the the future of retail financial services, but also various hot button topics affecting the retail financial services industry. Produced by our in-house research team, we bring to you interviews, which cover leading retail banking executives' thoughts, incisive trends, snapshots of country profiles, industry surveys, and rankings. Each issue is designed to help you stay ahead of the curve in this ever-changing industry, as well as to help you respond to regulatory and competitive changes in a timely manner.
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Issue No 133
In this issue, the rise in issuance of digital banking licences in Asia Pacific in response to fintechs and bigtechs is discussed. Lu Global chief executive Kit Wong shares how the wealth management platform has grown by focusing on customers and customization. In Africa, we take a closer look at Ecobank’s money transfer app Rapidtransfer which addresses issues in convenience, delays and accessibility of remittances. As COVID-19 continues to spread globally, a recent consumer survey revealed financial health as a top fear in Asia. In line with the pandemic, industry data showed that cashless payments will significantly grow due to stay-at-home orders.
From Our Retail Finance Working Group Report