GFIN, the Global Financial Innovation Network, has officially introduced the launch of the Cross-Border Test (CBT) sandbox, followed by the pilot GFIN 2019 CBT.
Incumbent banks, challengers, the tech giants, fintechs, and startups are already competing to attract and retain customers within their voice-powered ecosystems.
In Hong Kong, virtual banking is bringing in new opportunities to serve the financially underserved, a segment new entrants including WeLab Bank, Airstar Bank,..., are actively pursuing.
There are bank/fintech partnership opportunities out there that could generate revenue for both parties, yet few banks are pursuing those opportunities.