“Hong Kong is moving quickly into a new era of branchless banking, a shift that brings up challenges for traditional lenders which must innovate to cope with the competition.” – SCMP
A virtual bank is a licensed financial institution that handles all transactions via the web, email, mobile cheque deposit, ATMs, and “experience centres.” There are no “brick and mortar” branches. The regulatory and compliance guidelines are identical to safeguard the interest of retail customers. Virtual banks are designed to promote financial inclusion and enhance the customer experience.
With these virtual banks set to launch in Hong Kong, questions have arisen around the pros and cons. What are the benefits for consumers – and banks – of a virtual model, and what has been learnt so far? How will traditional banks evolve to meet the competition?
Join our high-profile panellists as we explore the future of banking in Hong Kong and online.
Opening remarks from Patrycja Oselkowska, Banking Partner, Deloitte
Tickets are available at EventBrite.
Tune into our Facebook Live session as we continued our focus on mental health and well-being during the #Coronavirus lock-down.
In Hong Kong, we continue to experience volatility due to the coronavirus outbreak and continued political unrest. The world that we live in is becoming more VUCA – Volatile, Uncertain, Complex, Ambiguous.
The key to being able to navigate the turbulent world we live in, no matter what external circumstances may present, is being able to maintain excellent mental and emotional balance.
Learn from Tony Dickel, CEO, Transcend International will share insights and strategies for managing in uncertain times.
Have you ever thought about the fact that a craftsman has more and better tools to solve challenges on the job than the leader of a business or organisation does?
In Paid to Think, international consultant David Goldsmith presents his groundbreaking approach to leadership and management, based on research revealing the 12 specific activities that all leaders perform on a daily basis, and he provides you with each activity’s accompanying tools and instructions proven to boost your performance and that of your entire organisation.
Take the uncertainty out of everyday leading, convert ideas to realities, and maximise your intellectual value.
Learn how decision-makers at some of the world’s most successful organisations have already used Paid to Think‘s universal and easily transferable tools – regardless of their industries, sectors, geographic locations, or management levels – as their greatest advantages in achieving more, earning more, and living more.
UPDATE: After the author’s talk, we will host a panel featuring two marketing experts. Ms Mi Li, Global Head of Marketing for The South China Morning Post and Mr George Liu, Chief Marketing Officer for Hong Kong Airlines will lead a lively conversation.
Our author Mr Andrew Brent proposes restructuring your company. In order to achieve sustainable, long-term growth the current approach isn’t focused enough on long-term development. Sales is revenue focused. CEOs are across all areas, and won’t be able to provide the time and attention required. Marketing is campaign-focused.
Good growth can only come from a loyal segment of customers who will buy your brand regardless of price. Identifying these customers and becoming their default ‘autopilot’ choice should therefore be the top priority of your Growth Director.
But how do you get your product on a consumers list of autopilot brands? By proving your brand’s worth at a Moment of Maximum Emotional Impact to the consumer. And how do you uncover those Moments of Maximum Emotional Impact? With new consumer research techniques based on neuroscience.
And it’s for that reason that ‘The Growth Director’s Secret’ is my pick for the best marketing book of the last 12 months, it’s that good. Buy it, read it, profit. – The Marketing Society