Future Development of Banking: Observations from Fintech Taipei 2018 (Pre-order)

March 2019 | 12 pages | ID: F0E3E6A10A8EN
Market Intelligence & Consulting Institute (MIC)

Abstracts

FinTech Taipei 2018 was held at Taipei World Trade Center Hall 1 from December 7th to 8th, 2018. Apart from world-famous speakers, this event also featured exhibitors from seven countries, including 35 teams and 150 companies and research institutes across Taiwan. This is the biggest fintech innovation exchange platform in Taiwan. This report analyzes the development trends in fintech based on observations of this event to provide insight for Taiwanese fintech companies as well as businesses and government agencies looking to introduce fintech.

Contents

1. BACKGROUND

2.FUTURE TRENDS IN BANKING

2.1 Changes in Customer Behavior Drives Bank 4.0
2.2 First Principle Thinking Facilitates Financial Innovation

3. DEVELOPMENT OF OPEN BANKING ACCELERATES FINANCIAL INNOVATION

3.1 Common Standards Bring Down Costs and Drive Development of Financial Ecosystem

4. NEW TRENDS IN FINANCIAL COMPLIANCE

4.1 Advancement in Fintech Fuels Financial Inclusion
4.2 Supervisory Authority Plays More Complicated Role as Financial Services Drive Towards Diversification
4.3 Laws Must Keep up with Constant Launch of New Financial Products

5. KEY FINDINGS OF FINTECH TAIPEI 2018

5.1 Innovative Financial Services Proliferating
5.2 Influence of Fintech Taipei 2018

6.MIC PERSPECTIVE

APPENDIX