While the rest of the world struggles with a lingering financial crisis, Chinese Financial institutions will continue investing in financial technology innovation in 2012. New technologies such as EMV and mobile near-field payments will drive significant investment as financial institutions continue to modernize and expand both the breadth and depth of their product offerings. This webinar from Kapronasia will look at some of the key insights from Kapronasia’s “China Financial Technology 2012 – Top 10 Trends Shaping the Industry" report, a comprehensive look at the key issues and challenges and how banks are overcoming them.
The on-going streamlining and de-siloing of technology, trading and operations across various business lines has brought with it new challenges, new opportunities and a competitive advantage for early adopters. Competitive pressures and anemic economic growth continue to compress fees and drive institutions to seek out further reductions in costs and greater working capital efficiency.