The article was written by DEKA Business Director, Varance Pascal and published in Marketing Journal July 2016 edition. As customer expertise penetration within the Gulf Cooperation Council (GCC) increases, customers are expected to turn out to be extra acquainted with utilizing digital tools of their banking transactions, retail investments and peer-to-peer (p2p) lending and crowdfunding.
A UK survey from recruitment consultancy Robert Half Monetary Companies, printed on August 31st, for instance states that fifty four percent of surveyed monetary service agency executives plan to increase, quote funding in disruptive and modern technologies over the next 12 months to meet the challenge of latest market entrants”.
20 years in the past, many large financial institutions constructed e-business” models to journey a wave of e-commerce curiosity. In April, Accenture discovered that in the first quarter of 2016 global funding in financial know-how ventures reached 5.3 billion USD – a whopping improve of 67 percent in contrast with the same interval the yr before.
No wonder with so much talk, confusion, uncertainty and, sure, hype, about blockhain expertise. Few banks world wide had already invested more money into the research and development of new monetary tools to assist build their enterprise. Our purchasers …