Fintech Analyst Report - Issue 219

Issue 220 of the Metia Fintech Analyst Report looks at how the pandemic is speeding up digital transformation efforts – especially those geared towards the cloud. We also look at faster payments and mobile payments, why credit cards are losing out, and compliance in APAC.

Celent: Accelerating cloud migration

The pandemic is causing many banks across various asset tiers to embrace cloud, achieving greater agility and technical resilience while improving the digital customer experience.

Greenwich Associates: Using managed services to transform IT

Financial services firms are increasingly turning to cloud and managed services providers to lower the cost of technology ownership. Choosing the right third-party vendors is key.

McKinsey: No time for “wait and see"

Demand for better customer experience has heightened due to COVID-19. Banking leaders who focus creatively on how to engage consumers will thrive, those who “wait and see” will be left behind.

Aite Group: Faster payments for community banks

Demand for faster payments is growing, but broad market adoption is elusive. With the next step in faster payments evolution, the financial services industry must consider the needs of smaller banks.

GlobalData: State of the mobile payments market

With the global mobile payments market worth over $2.5tn in 2019, this report discusses the current trends and challenges faced by users and the future of mobile payments.

Mercator: Debit over credit

Consumers appear to be losing their faith in credit cards, with many placing their debit cards at the forefront for purchases. Will this become a permanent behaviour?

Kapronasia: Next generation compliance in APAC

With financial services digitising rapidly, many have become susceptible to financial crime and compliance risks. Kapronasia uncovers the ways to ensure integrity in APAC.

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