a "co-opetition" truce not to target one another, and are instead focusing their efforts entirely on stealing customers from the "Big Four" Australian incumbents: ANZ, Australia Bank, CBA, and Westpac.
And while they may not pose grave threats now, Eric Wilson, CEO of Xinja, previously stated that if the truce is productive, the neobanks could account for 20% of consumer banking in the country by 2023. But initiatives like Westpac's DDEP are a tactical way to curb the threat early by eliminating one of the primary advantages neobanks tend to have over their incumbent rivals: stronger digital tools to help customers manage and protect their finances.
Berita ini telah kami rangkum agar Anda dapat membacanya dengan cepat. Jika Anda tertarik dengan beritanya, Anda dapat membaca teks lengkapnya di sini. Baca lebih lajut:
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Gravitational raises $25M to 'liberate' users from AWS and Microsoft - Business InsiderJust as AWS and Microsoft explore new ways to keep customers from going to their rivals, a startup wants to make it easier to move between them.
Sumber: BusinessInsider - 🏆 729. / 51 Baca lebih lajut »
The Trump administration granted Huawei a new 90-day license extension - Business InsiderThe newest license comes amid discussions between the United States and China to resolve a trade war that has roiled for over a year.
Sumber: BusinessInsider - 🏆 729. / 51 Baca lebih lajut »
Next stock market crash: Expert sees new bubble in short-vol trading - Business Insider'They're all going to lose all their money:' A hedge fund CEO warns the stock market is brewing a bubble similar to the time bomb that exploded in early 2018
Sumber: BusinessInsider - 🏆 729. / 51 Baca lebih lajut »
Disney stock price target raised to new high on Disney Plus forecast - Business InsiderRosenblatt Securities analyst Bernie McTernan estimates Disney Plus could hit 35 million subsribers by the end of 2020.
Sumber: BusinessInsider - 🏆 729. / 51 Baca lebih lajut »