The above Working Paper dated 17 February 2014 by Senior Fellow Andrew Cainey of the Fung Global Institute, a global think-tank based in Hong Kong, shows how mobile money, big data, online finance, stored-vlaue cards, anytime banking, e-commerce and greater integration betweenn banks, retailers and their online intermediaries pose huge opportunities and challenges for Asian banks and their regulators.
If defly managed and leveraged, these oppportunies could well transform how banking is done in Asia and potentially around the world in the not-too-distant future.
Download Fung Global Institute - Working Paper - Technology's Impact on Asian Finance - 2014-02-17