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Impact of Neo-Banks (Digital Banks) India -Uk Comparison
Thankom Arun
Sheri M. Markose
Victor Murinde
Philip Kostov
Ahmed Khan
Nihan Arı
Varnika Goel
Rashika Sethi
出版
SSRN
, 2023
URL
http://books.google.com.hk/books?id=sIku0AEACAAJ&hl=&source=gbs_api
註釋
- The emergence of neo-banks in India and the UK reflects the increasing demand for digital financial services. The dawn of the digital age in the financial sector has paved the way for increased alliances between incumbents and 'fintech' organizations.- Neo-banks, digital-only banks that operate primarily through mobile apps, have significantly impacted the financial sector in recent years. They are leveraging technologies such as artificial intelligence and machine learning to provide personalized financial solutions to customers.- Over the last four years, nearly 36 neo-banks in India have been competing, acquiring customers, and creating a niche in the banking and financial sector. Similarly, in the UK, the three major neo-banks (Monzo, Revolut and Starling bank) are actively trying to gain a foothold in the banking industry.