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Analyst Opinions
Australia Wealth Management – Market Sizing and Opportunities to 2027
Australia Wealth Management Report Overview Affluent individuals (including HNW individuals and mass affluents) collectively held the vast majority of onshore liquid assets, highlighting the country’s high level of wealth imbalance. The equities market recorded significant volatility resulting in a decline. Additionally, inflationary pressures and supply chain disruptions across 2022 and 2023 translated into more depressed financial markets, thus impacting investor sentiment. The Australia Wealth Management market research report will help to keep up to date with the Australian wealth management...
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Analyst Opinions
Australia Retail Banking Competitor Benchmarking – Financial Performance, Customer Relationships and Satisfaction
Australia Retail Banking Market Report Overview Rising rates in 2022 resulted in many banks’ assets increasing, thereby leading to decreased interest margins. Financial indicators improved more for smaller banks than for the big four (Australia and New Zealand Banking Group (ANZ), CommBank, National Australia Bank (NAB), and Westpac). However, the Big Four’s dominance is still very strong across all products (deposits, loans, mortgages, and credit cards), age groups, and affluence bands. Market shares are the least concentrated among personal loans,...
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Thematic Analysis
Retail Banking Sector Scorecard – Thematic Intelligence
Retail Banking Sector Scorecard Thematic Intelligence Report Overview The retail banking sector scorecard includes a variety of traditional financial services providers, including global banks, national banks, regional banks, and building societies/mutuals. including global banks, national banks, regional banks, and building societies/mutuals.The retail banking sector scorecard thematic intelligence report identifies the 10 most disruptive themes that will drive market performance in the next 12 months. Generative AI (Gen AI) is a subset of AI that exploded into the mainstream following the...
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Sector Analysis
Australia Cards and Payments – Opportunities and Risks to 2027
Australia Cards and Payments Market Report Overview The Australia cards and payments market size is $681.7 billion in 2023. The market is expected to achieve a CAGR of more than 7% during 2023-2027. Australians are very comfortable using debit, credit, and charge cards for payments. Â Furthermore, growth in the payments space has been characterized by the rise of contactless payments, growth in debit card usage, and the emergence of digital wallets. Since consumers now have more payment choices, particularly for...
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Report Bundle
51% offTech in Banking – Report Bundle (6 Reports)
High dependencies on digital technologies for banking needs are changing the global banking system. Additionally, the pandemic has accelerated the adoption of technologies across various sectors, including banking. These advancements make the banking experience more convenient and hassle-free for customers. As a part of this bundle, you will gain access to in-depth insights available in the following reports: Thematic Intelligence: Social Media in Payments Thematic Research: AI in Banking Thematic Research: Augmented Reality in Banking Thematic Research: Blockchain in Payments...
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Report Bundle
56% offTech Apps in Banking – Report Bundle (7 Reports)
Banks are currently undergoing technological churn owing to increased competition from fin-tech startups and growing concern about cyber-security. Online deposits, mobile wallets, e-bill payments, and other similar services have changed the way financial transactions are conducted today. As technological advancements continue to disrupt traditional banking methods, the world will witness a plethora of newer and faster banking solutions. As a part of this bundle, you will gain access to in-depth insights available in the following reports: Thematic Research: Cybersecurity in...
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Thematic Analysis
Conversational Platforms in Banking – Thematic Research
Conversational Platforms in Banking – Thematic Research Conversational interfaces employ various technologies. This includes speech recognition, natural language processing (NLP), contextual awareness, and machine learning—to enable human-like interactions with computer systems. Within banking, there are simple bots that effectively follow mapped-out conversations with decision trees to tirage customers, to bots underpinned by machine learning algorithms that evolve capabilities over time in response to customer interactions. The conversational platforms in banking industry thematic intelligence report assess how conversational interfaces, combined with...
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Sector Analysis
Loyalty in Financial Services – Current State of Loyalty Programs across Banking and Payments
The proliferation of loyalty schemes in recent years has generated a series of challenges. Ubiquity and complexity have diluted their impact, and while signup rates remain high, dormancy is an increasing issue for a significant proportion of schemes. The global pandemic has served as both an opportunity and a threat to loyalty schemes in general: schemes have been redefined to reflect the physical and financial restrictions currently in place. This report analyzes the current state of loyalty programs across banking...