August 2021

【Data Report】Growing Opportunities in Taiwan’s Financial Industry Under COVID-19

The Rise of Global Fintech under the Pandemic – Four Competitive Advantages Despite the COVID-19 pandemic has greatly impacted all walks of life, it has become the accelerator of fintech development. In line with the establishment of virtual banks, both the digital banks and traditional banks have fastened their pace of digitalization, intensifying the competition …

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Growing Opportunities in Taiwan’s Financial Industry Under COVID-19

Taiwan’s banking and finance industry is about to enter a new era, in pace with the Financial Supervisory Commission (FSC) Taiwan issued licenses to three virtual banks in 2019. Meanwhile, COVID-19 has increased the need for touchless services, pressuring the incumbent banks to accelerate the digital transformation to increase competitiveness. Leveraging proprietary Data Management Platform …

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