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RHK will facilitate communication and cooperative action among senior executives to pursue like-minded objectives for improving the innovation landscape in Hong Kong. Taking place over the course of four meetings in 2020/21, attendees will hear from experts and opinion-leaders, and have their say through roundtable discussions. With your participation, RHK will unleash Hong Kong's innovative potential, and push for quicker, more meaningful progress in the city.
With the support from EY, the series' founding sponsor, Redefining Hong Kong has brought awareness to challenges facing the city's economy and industries. Like the South China Morning Post, EY is committed to doing its part in building a better working world and creating strong positive outcomes. To learn more about EY and its initiatives, click here>
Virtual banking - the dawn of a new era for Hong Kong financial services?
Hong Kong IPO Market
What's the new normal after Covid-19
Why do women entrepreneurs find it difficult to raise funds?
There’s a new, formidable, player in town amidst Hong Kong’s prestigious financial sector — virtual banking. Renewed competition for customers and the race to secure some of the industry’s top talent could shake up Hong Kong’s financial ecosystem in a way not seen for years.
Over the next couple of years, many financial sector experts believe Asia’s banking consumers will be doing away with traditional methods of banking in favor of personal finance apps that can customise and streamline the user experience, forcing the entire banking industry to innovate and improve their digital offerings. At the same time, the race for attracting new talent is sure to be heated, as financial firms set their sites on savvy professionals from the fintech space to enhance their business.
To what degree will virtual banks really compete with established, traditional banking institutions? What strategies and methods are virtual banks using to separate themselves from the herd? Aside from the digital platform itself, how do virtual bank offerings differ from those of traditional banks? What are some of the key challenges virtual banks will face as they become more widely used by the public?
Join us at Redefining Hong Kong to hear experts discuss the future of virtual banking.
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As a global leader in assurance, tax, transaction and advisory services, EY is committed to doing its part in building a better working world because it strongly believes this approach leads to strong positive outcomes, it can also develop talent in all its forms and encourage greater collaboration. EY wants to build a better working world through its own actions and by engaging with like-minded organizations and individuals.
For more information about EY, please visit www.ey.com.
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