Banks unlock innovation opportunities

The banks have responded to the challenge posed by fintechs and neobanks. The new business models of digital ecosystems and embedded finance are enabling incumbents to go beyond core banking services and build products around customer life moments. The diversity of the Asian banking markets is fascinating as it reveals several unique and innovative ideas by leading global and local banks.

We studied the top 28 banks in Asia and benchmarked them on the twimbit’s Purpose Index. We observe a huge focus on digital investment. Innovation opportunities such as branch transformation, customer experience, product innovation, and new business models are shaping a new era of banking.

Take this fun quiz to test your knowledge on how Asia’s leading banks are disrupting the industry.

About the quiz:

• 11 multiple-choice questions
• Takes under 5 minutes to complete
• Regardless of a correct/incorrect answer, supplementary information will be provided
• After giving your responses for the 11 questions, click on ‘Submit’ to get your final score