Opinion on Financial Services

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Type Product title / description Pub Price
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Filipino banks need to partner with moms & pops

Strong demand for payment services in the Philippines has resulted in the emergence of competing payment platforms. Banks need to start addressing the competition, or risk losing out on the payment front.

Published By Datamonitor
03 Dec 2014
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Financial incentives costly without customer satisfaction

One year on from the introduction of the seven-day switching guarantee in the UK, competition among the challenger banks is fierce with the smaller players facing high rates of attrition.

Published By Datamonitor
03 Dec 2014
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Credit demand plummets among wealthy Singaporeans

Wealth managers in Singapore are feeling the effects of government efforts to cool the property market, with demand for mortgages set to be muted.

Published By Datamonitor
28 Nov 2014
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Alipay must push its international relevance

Alipay will need to effectively communicate its relevance to overseas markets, before it is branded as just another payment company for Chinese consumers.

Published By Datamonitor
27 Nov 2014
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Monetization of digital wallets depends on Big Data

Apple Pay's latest venture into the digital wallet world will allow major US banks to retain access to valuable consumer transaction data, while remaining relevant to consumers in the digital payments space.

Published By Datamonitor
26 Nov 2014
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Snapcash cements social media and payments link

Social media and payments are increasingly linked, and it is social media providers that are driving this trend.

Published By Datamonitor
26 Nov 2014
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Barclays and FCA lock horns over mortgages

Tensions have arisen between the UK Financial Conduct Authority (FCA) and a major UK lender over the application of mortgage affordability assessments. How this dispute ends will have a big impact on future relations between the FCA and UK banks.

Published By Datamonitor
24 Nov 2014
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Bionym brings biometric authentication to wearables

Bionym's multi-bank trial of Nymi Band will see the start-up capitalize on the rising ownership of contactless payment cards in Canada, tapping into the growing use of biometrics as a payment authentication tool.

Published By Datamonitor
17 Nov 2014
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Fees are fine, but they must be clear

In retail banking, good service is crucial to keeping customers happy and improving their loyalty. However, it is just as important, if not more so, to manage their expectations on fees.

Published By Datamonitor
17 Nov 2014
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Private landlords seriously underinsured

Datamonitor Financial survey data indicates a serious underinsurance issue among private individuals who rent out properties. Providers should make sure the necessary checks are in place to resolve this.

Published By Datamonitor
13 Nov 2014

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