Bankers discussed their strategies at the Nikkei Forum Innovative Asia in Singapore. Japan's Sumitomo Mitsui Financial Group, as an example, is shifting focus to cashless payment services, digital banking and artificial intelligence.
Read the full article from the Nikkei Asian Review.
Estimated reading time: 0 minutes, 19 seconds
Traditional Banks Look to Up Tech Game Amid FinTech Surge
Conventional banks are increasingly adopting new technologies in an effort to keep pace with emerging, "nimble" fintech companies. So reports the Nikkei Asian Review.
Most Read
-
-
Apr 27 2019
-
Written by FinTech News Brief Staff
The Securities and Exchange Commission announced the concept of digital…
-
-
-
Sep 21 2018
-
Written by Jacob Roberts
Online software vendor Kashoo is forming focus group to react…
-
-
-
Jan 09 2019
-
Written by FinTech News Brief Staff
Ripple CEO Brad Garlinghouse said cryptocurrency and blockchain stand to…
-
-
-
Jan 16 2020
-
Written by FinTech News Brief Staff
Representatives from the Reserve Bank of Australia said they are…
-