Opinion on Financial Services in Asia-Pacific

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Type Product title / description Pub Price
Expert View
Expert View

$14.2tn global offshore market relocates to more legitimate and safe shores

The total amount of deposits and mutual funds held by non-residents in 12 of the largest offshore centers reached a post-crisis high of $14.2tn in 2011. However, this was still below the 2007 peak. Increased pressure on offshore centers to clean up their acts has limited their role as bases for tax avoidance for companies and individuals, to the benefit of safe havens such as the US and the UK.

Published By Datamonitor
25 Jul 2012
Expert View
Expert View

2007 will be one of the most challenging years in contact center outsourcing's history

Coming hot on the heels of UK bank Lloyds TSB's announcement that it is to move its contact center operations from Mumbai to the UK, a new report has revealed that contact center outsourcing providers are set to face tremendous challenges with the emergence of late-adopting vertical markets. Indeed, vendors are struggling to adapt industry-specific solutions to both new and established clients.

Published By Datamonitor
08 Mar 2007
Expert View
Expert View

2013: micro-managing finances through the mobile

Consumers attempting to stick to a budget have a number of tools available to them through their mobile phones to aid the management of their money. Regular micro-management of finances facilitates saving and keeps track of everyday spending. Third-party providers are currently leading the field but these tools are a clear next step for mainstream banking apps.

Published By Datamonitor
08 Jan 2013
Expert View
Expert View

2013: the year of the cloud

The lackluster performance of NFC-based wallets globally compared to the relative success of cloud-based payment models using bar and QR codes suggests that the latter will continue to see rapid development in the year ahead.

Published By Datamonitor
02 Jan 2013
Expert View
Expert View

A broad portfolio of wealth management services is necessary to attract Australian investors

The wealth management sector in Australia is experiencing rapid growth. Consequently it has become a target market for many international players, as well as domestic competitors looking to expand. However, providers of wealth management services need to offer a flexible portfolio, which appeals both to the self-governing investor as well as to those who require more financial guidance.

Published By Datamonitor
04 Apr 2011
Expert View
Expert View

A competitive Chinese online landscape means PayPal China will focus on the international market

PayPal China has revealed that it will continue to focus on the lucrative cross-border market in the region due to greater revenue potential. The dominance of competitor Alibaba Group's marketplace services and its third-party payment processor Alipay means that although China is a substantial online market, gaining a foothold is difficult.

Published By Datamonitor
22 Mar 2012
Expert View
Expert View

A time bomb: China's wealth management products

In China, investments in wealth management products have soared in recent years. However, these products' underlying assets are often linked to high-risk real estate investments, which means that in the event of an economic slowdown the risk may not be systematic, but defaults, especially among smaller lenders, are likely.

Published By Datamonitor
05 Apr 2013
CommentWire
CommentWire

ABN Amro: charging into the mass market in Singapore

Dutch bank ABN Amro has revealed intentions to significantly ramp up its credit card business in Singapore in 2007 by hiring more staff, launching new cards and targeting different market segments. While ABN Amro has significant experience outside its home country, Singapore's market is one of the world's most competitive credit card markets and the bank could struggle to achieve its aims here.

Published By Datamonitor
10 Jan 2007
CommentWire
CommentWire

ABN Amro: expanding its presence in China

ABN Amro is planning to open its fifth Chinese wealth management branch on January 18, 2007, in Chongqing. This addition reflects the Dutch bank's strategy to service China's growing wealth management needs, and should help boost its presence in the country. Indeed, it should prove a positive move, enabling ABN Amro to expand its distribution potential in the face of rising competition.

Published By Datamonitor
15 Jan 2007
Expert View
Expert View

Account portability in Australia is one step closer, but major challenges remain

One of the key objectives of the new banking reform launched by the Australian government is to conduct a feasibility study for implementing full account number portability. While this is a positive step for consumers, who will be able to keep their account numbers when switching providers, Datamonitor believes that there are major challenges which need to be addressed.

Published By Datamonitor
15 Dec 2010

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