In this episode, EY Banking & Capital Markets leaders discuss the transformational trends in banking, and the role of technology and digitization in creating opportunities for players within the industry.
Asia-Pacific banks have largely moved cautiously and in lockstep these past years, resulting in offerings that are increasingly commoditized. To emerge from the shadow of COVID-19 and achieve distinctiveness among their peers to pull ahead of the pack, they need to take more decisive actions to eke out fresh approaches for accelerated growth. Only then, can they transform and transition to top-decile performers that are more resilient and future-ready for tomorrow.
In this first episode, we discuss:
- The transformational trends in banking, and the role of technology and digitization in creating opportunities for the existing and new players
- The role of FinTechs and neobanks in tilting the competitive playing field toward areas where they enjoy advantages
- The likely sentiment of banks as they look to evaluate and expand their presence to capture a large market share
Tune in to a conversation with EY Banking & Capital Markets leaders Jan Bellens, Tzu-Chung Liang and Andrew Gilder.
For your convenience, the full text transcript of this podcast is also available. Read the transcript.
Duration 23m 20s