Video: Transformative role of innovation among Asian banks
By Sui-Jon Ho, Market Analyst, IDC Financial Insights Asia/Pacific | 2015-04-25
The IDC Financial Insights Asian Financial Services Congress 2015 revealed an interesting occurence in the region: financial services industries of all sizes and focus are going after opportunities driven by mobile, Internet and social media adoption.
"The past year has shown us that Asia’s financial industry is becoming more open and versatile than ever before. Our leading banks have evolved themselves from mere financial intermediaries to product innovators and cross-industry collaborators that can to deliver more diverse value to their clients,” says Ho Sui-Jon, Market Analyst, IDC Financial Insights Asia/Pacific.
Ho explains the disparity, drivers and characteristics of the market and the players in it.