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Can it add value to financial services? From Asia Pacific Digital Banking

The following is the Can it add value to financial services? From Asia Pacific Digital Banking recommended by And this article belongs to the classification: Deloitte Consulting , research report, financial technology.

Digital banks shoulder the dual mission of meeting the objectives of public policy and financial stability – improving customer income and promoting regional economic level through financial development.

This is a virtuous circle. In order to pursue economic development, regulators need to provide support for new participants to enter the market and enhance competition. New market participants and existing enterprises are constantly innovating to cope with the new competition pattern, which will bring better service to customers and strengthen Inclusive Finance. Economic growth will further promote the investment in technology and data analysis, and promote the further development and competitiveness of the entire financial services industry.

In this report, we will explore the regulatory and market developments in Southeast Asia, Hong Kong and Taiwan, and how to reduce the risk of Digital Banking. At the same time, the report describes the background, risk management and compliance trend and industry practice of Digital Banking in mainland China.

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