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Sector Analysis
China Retail Banking: Opportunities and Risks to 2023
China’s total loan balances outstanding (including credit card balances, personal loan balances, and residential mortgage balances outstanding) recorded a compound annual growth rate (CAGR) of 25.2% during 201418 to reach CNY37.8tn ($5.5tn). Credit card balances outstanding was the fastest-growing credit segment during the review period. However, as a result of stringent government regulations aimed at curbing rising household debt, total loan balances outstanding is expected to record a slower CAGR of 13.7% over 201923. Based on our proprietary datasets, this...
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Company Insights
Competitor Profile: Xinja
This report provides information and insights on Xinja, including details of its business and geographical presence, comprehensive coverage of its products and services, a comparative assessment of its main competitors, and a look at its key events and milestones. Founded in 2017, Xinja is one of Australia’s most high-profile neobanks. The company’s principle purpose is to provide a mobile banking service in Australia and it is targeting tech-savvy millennials who are discontent with established banks. It aims to differentiate itself...
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Company Insights
Enterprise Tech Ecosystem Series: HDFC Bank
Incorporated in 1994, HDFC Bank offers a range of banking services, including retail, commercial, and investment banking as well as treasury services. The company’s products include deposits; card products; loans; insurance for life, health, and non-life risks; and investment solutions such as mutual funds, bonds, equities and derivatives. HDFC also provides services including cash management, corporate finance advice, customized banking solutions, project and structured finance, trade financing, foreign exchange, and payment and settlement services. The bank serves individual customers, non-resident...
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Thematic Analysis
Buy Now Pay Later - Thematic Research
The global Buy Now Pay Later (BNPL) market reached $120 billion in 2021. The market recorded a CAGR of more than 85% from 2019 to 2021. Millennials and Generation Z are the main demographics driving the adoption of BNPL. Buy now pay later (BNPL) providers disrupt the lending sector by simplifying access to loans to consumers and reducing friction at payment points. The sector has been around for many years, but it has seen rapid growth recently as key players...
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Company Insights
Competitor Profile: Simple
Simple is a digital-only bank that was founded in 2009 by Alex Payne, Joshua Reich, and Shamir Karkal. In February 2014, Simple was acquired by BBVA for $117m. Simple offers mobile banking through its app, which is available on both the Apple App Store and Google Play Store, as well as online banking through its website. Through both channels, Simple offers money management tools to help users reach their financial goals. These tools include one that shows customers how much...
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Company Insights
Enterprise Tech Ecosystem Series: Prudential
Prudential is a financial services group that offers long-term savings and protection products. Through its subsidiaries, the group provides retirement benefits and insurance coverage for various risks such as illness, death, and critical life events. It also provides investment solutions across various asset classes, including equities, multi-asset, ï¬xed income, infrastructure, and alternatives. The group offers its products and services through independent agents, regional and independent broker-dealers, wirehouses, and banks. Its operations span across Asia, the US, the UK and Europe,...
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Thematic Analysis
Strategic Partnerships - Thematic Research
This report analyzes the strategic collaborations between various stakeholders in the financial services industry across business segments such as core banking, payments, lending, credit cards, and mobile wallets. The report discusses in detail the key technology, economic, regulatory, and consumer trends. Within technology, the report discusses the latest developments and partnerships for the likes of software as a service, the cloud, tech due diligence, and blockchain. The report also provides industry analysis and value chain insights on types of partnership...
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Company Insights
Competitor Profile: Orange Bank
This report provides information on Orange Bank, including detailed insights into its business and geographical presence, comprehensive coverage of its products and services, a comparative assessment of its key competitors, and a run-through of its major events and milestones. Orange Bank is a French online bank that was founded in 2017 following the majority acquisition of Groupama Banque by French telco Orange. Running as a 100% mobile bank, its products currently include consumer loans, debit cards, and current and savings...
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Track & Monitor
FinTrack: October 2019
Every month, FinTrack showcases the latest innovations from financial services providers around the world. Each innovation is assessed and rated on key criteria, providing you with valuable insight. The provision of financial services is constantly evolving, with new technology having a particularly significant impact. Innovations such as digital delivery, AI, biometrics, and robo-advice are enabling providers around the world to offer new and improved services to customers that will improve the way they manage their finances. The growing availability of...
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Sector Analysis
UK Savings 2019: Review, Forecasts, and Future Opportunities
The UK savings market has been characterized by a mixture of factors during 2019. Lower GDP and higher real wage growth have created a willingness and ability to save. Similarly, uncertainty over Brexit has led to a flight to safety from stocks and shares ISAs into cash ISAs. In terms of Net Promoter Score (NPS), First Direct leads the way, Nationwide has steadily fallen since 2017, and TSB collapsed in 2019. Meanwhile, new entrant Marcus by Goldman Sachs (Marcus) plans...
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