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FINTECH:
BOON OR BANE?
IT DEPENDS.
BANKS ARE TRYING TO STAY AHEAD OF THE CURVE
BY
ADOPTING TECHNOLOGY
BANKS CARVING OUT CO-WORKING SPACES
FROM
EXISTING PREMISES TO COLLABORATE WITH TECH
FIRMS
FINANCIAL TECHNOLOGY (FINTECH) COMPANIES WILL
GENERATE
LONG TERMS GAINS IN EFFICIENCY
AND
PRODUCTIVITY
CITIES THAT PROVIDE A SOLID START-UP ECOSYSTEM
TEND TO
BENEFIT FROM THE FINTECH BOOM
POTENTIAL DOWNSIZING
OF NEARLY 1 MSF DUE
TO FINTECH GROWTH
IN SINGAPORE
KEY TAKEAWAYS
24 ASIA PACIFIC BFSI OUTLOOK 2017