Explore more Categories
Artificial Intelligence involves the science and engineering of developing intelligent machines
The manufacturing world is at a cusp of a new revolution that will redefine conventional business models
IoT will have a major impact on businesses and consumers in the future
The world is creating 2.5 exabytes of data daily
Our research seeks to connect-the-dots across multiple trends
Personal Robots are Set to Be a $19 Billion Market
Strategic Analysis of BREXIT and its Implications to Industries, Economies and Societies
Time for a Digital Revolution in the Women’s Health Market
iFrost is a digital platform for interactive and dynamic reporting of data.
The TOEs are a great source of information which gives corporates critical information on companies to action for their strategic investments either as an open source platform or to collaborate and to develop successful products
High Growth Expected as New Market Segments and Enhanced Customer Engagement Lead to Rapid Adoption
save 25 %
* Required Fields
Pay by invoice
As the global banking industry struggles with issues related to rising costs, legacy infrastructure, evolving customer demand and changing regulations, the NeoBanking industry is making slow but steady progress. With new business models, innovative products and services, use of technology and approach to business, NeoBanks are engaging their customers like never before. The objective of this study is to identify NeoBanking trends in Europe. With regulations enabling access to data to encourage competition, NeoBanks are disrupting the market. The underserved market segments are exploring new and innovative offers. This study delves deeper into the efforts that NeoBanks are making to differentiate themselves, technologies that they are using, and the new business models that are working for them.While NeoBanks will continue to disrupt the market, they need to be backed by a solid foundation. The United Kingdom has recently issued licenses to many new banks are almost 150 years. These new banks are using technology to forge ahead, and while they do not have the legacy of information that most large banks possess, they are using connected devices and shared economy and a completely new approach to gather consumer data. This data is being used to derive insights and make better decisions. This in turn is appreciated by consumers and enterprises alike, who are now open to sharing data in a secure environment in exchange for better products and customized services. Technologies such as AI, ML, analytics, and Blockchain are constantly evolving and new solutions based on these technologies are gaining prominence. Some of the areas that are likely to witness significant developments include security solutions, analytics based decision-making, and natural language understanding based applications. Regulators are also promoting NeoBanks by enabling access to data through regulations such as PSD2 and GDPR. Incumbents are also playing a significant role with strategic investments in innovative companies, partnerships, and also by launching their own NeoBanks.
The report also includes company profiles of many market participants, along with their value propositions, differentiators, strengths and weaknesses.
Key Issues Addressed
Future of GCCs in India: Transforming into R&D Powerhouses
Global Artificial Intelligence Growth Opportunities
Driving Next-generation Advancements in Manufacturing through Extended Reality
Intelligent Transportation System Growth Opportunities
Frost Radar™: Global Managed Cloud Services Market, 2021
Global Data Monetization Platform Growth Opportunities
Ethical AI is Pivotal to the Maximization of the Future Growth Potential of the Global AI Market
Hyperscaler Demand Drives the North American Data Center Colocation Services Market
Acquisitions, Vertical Focus, and New Technologies Drive Highly Competitive North American Mobile Field Service Management (FSM) Market
heavy truck market
cloud security market
commercial lighting market
power electronics market
packaged food industry
composite materials market
natural gas market
Don't have an account? Create One!
Enter your Email Address here to receive a link to change password.
If you are an existing frost.com user, please register using the same email for seamless access
Already have an account? Login!
Use your Linkedin account to login or register within our store.You're just one click away.