BANKING
FACT BOX
50
Top 10 most important technologies in Hong Kong digital banking
According to KPMG ’ s Hong Kong Banking Report 2019 , technology will prove crucial to the growth of the digital and virtual banking market . In particular , many banks are seeking to harness AI to stay ahead of the competition , as well as other innovations such as quantum computing , augmented reality and more . Here are the top 10 technologies that industry leaders in Hong Kong believe will drive the greatest transformation in Hong Kong ’ s banking revolution .
• Internet of Things ( IoT )
• Robotic process automation ( RPA )
• AI , machine learning and cognitive computing
• Blockchain
• Robotics and automation
• Augmented reality
• Virtual reality
• Social networking , collaboration technologies
• Biotech , digital health and genetics
• On-demand marketplace platforms
APRIL 2020