APAC’s solutions to Europe’s biggest challenges in banking

Digital Reinvention
04/12/2024Article

Whether you're in Silicon Valley, on Wall Street, in London’s City district, or anywhere else in the world, the spotlight on the innovative capacity of banks in the Asia-Pacific region is growing brighter. The sun rises in the east, and so do many cutting-edge banking solutions. APAC banks are often a step ahead – or sometimes several – offering inspiration for tackling the challenges faced in other regions.

Curious about how they're doing it? We've compiled some of the most pressing questions our European member banks ask us, covering topics like the future of bank branches, creating the human touch in digital banking, cybersecurity, generative AI, digital accessibility, and supporting customers in their ESG transformations.

To dive deeper, we turned to Joe Jelinek, Research Director at Kapronasia, a leading strategic consulting firm specializing in Asia's payments, banking and capital markets. Joe sheds light on how these challenges are being tackled in the APAC region. Are these issues a major focus there? How are they addressing them? Which banks are setting the pace, and what can we learn from them?

At Qorus, sharing best practices to help you overcome challenges and drive innovation is at the core of what we do – it’s in our DNA. We hope this exchange of insights between Europe and Asia-Pacific provides valuable takeaways to inspire your journey of innovation and transformation.

Let’s zoom in on some of the key trends, and the APAC approach to them:

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