CLICK TO WATCH : ‘ SAMIR SUBBERWAL , REGIONAL HEAD , RETAIL BANKING , GREATER CHINA AND NORTH ASIA , ON SAMIR ON SUCCEEDING WITH PARTNERS ’
23 potential disruptors and proactively take on incumbents in the fiercely competitive banking market .
Teaming up with travel-focused fintech Ctrip Finance , telecoms provider HKT and its parent company PCCW , the bank has forged a new joint venture . The JV in question , SC Digital Solutions Limited , has been granted a licence by the Hong Kong Monetary Authority ( HKMA ) to create one of the first virtual banks in the region . Virtual banking goes a step further than current online banking services , enabling customers to start a relationship with
a bank , apply and get personalised financial services on the go , in real time . By pioneering a new financial revolution and disrupting its very own business , Standard Chartered sees its virtual bank as the ticket to banking success because not only does it offer a new proposition to the market , it ’ s also championing a brand-new operating model .
Deniz is well-equipped to lead the ambitious new virtual bank ; in a previous role , working at Turkey ’ s GarantiBank , he helped to spearhead the first mobile-only bank in the country , iGaranti . He ’ s keen to stress
www
. fintechmagazine . com