{"id":7434,"date":"2024-06-16T16:21:10","date_gmt":"2024-06-16T16:21:10","guid":{"rendered":"https:\/\/econoasia.com\/startups-are-the-losers-of-asias-digital-banking-race\/"},"modified":"2024-06-16T16:21:10","modified_gmt":"2024-06-16T16:21:10","slug":"startups-are-the-losers-of-asias-digital-banking-race","status":"publish","type":"post","link":"https:\/\/econoasia.com\/zh-hans\/startups-are-the-losers-of-asias-digital-banking-race\/","title":{"rendered":"Startups Are The Losers Of Asia\u2019s Digital Banking Race"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div>\n<figure class=\"embed-base image-embed embed-1\" role=\"presentation\"><figcaption><fbs-accordion><\/p>\n<p class=\"color-body light-text\">HK&#8217;s digital banks launched to much fanfare, but results have been lackluster. <\/p>\n<p><\/fbs-accordion><small>AFP via Getty Images<\/small><\/figcaption><\/figure>\n<p>Across the Asia-Pacific region, digital banks have sprung up at a rapid rate in recent years. Regulators have ostensibly encouraged the establishment of online-only banks to spur greater competition in the banking sector, which in most markets is dominated by incumbent lenders afflicted with complacency of varying severity.<\/p>\n<p>In theory, the digital banking boom should introduce a large crop of startups to the market that would offer customers a significantly improved user experience. Alas, it was not meant to be in APAC.<\/p>\n<p>In almost every&#8230;<\/p>\n<\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/www.forbes.com\/sites\/zennonkapron\/2022\/11\/16\/startups-are-the-losers-of-asias-digital-banking-race\/\">\u6765\u6e90\u94fe\u63a5<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>HK&#8217;s digital banks launched to much fanfare, but  [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8,1819],"tags":[5689,713,5690,5688,291],"class_list":{"0":"post-7434","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-fintech","7":"category-financial-tech","8":"tag-asia-pacific-region","9":"tag-australia","10":"tag-kakao","11":"tag-kakao-bank","12":"tag-south-korea"},"_links":{"self":[{"href":"https:\/\/econoasia.com\/zh-hans\/wp-json\/wp\/v2\/posts\/7434","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/econoasia.com\/zh-hans\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/econoasia.com\/zh-hans\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/econoasia.com\/zh-hans\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/econoasia.com\/zh-hans\/wp-json\/wp\/v2\/comments?post=7434"}],"version-history":[{"count":0,"href":"https:\/\/econoasia.com\/zh-hans\/wp-json\/wp\/v2\/posts\/7434\/revisions"}],"wp:attachment":[{"href":"https:\/\/econoasia.com\/zh-hans\/wp-json\/wp\/v2\/media?parent=7434"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/econoasia.com\/zh-hans\/wp-json\/wp\/v2\/categories?post=7434"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/econoasia.com\/zh-hans\/wp-json\/wp\/v2\/tags?post=7434"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}