Neobanking is a novel banking technology that provides complete online banking solutions to its customers. These banks differ from traditional banks, as they have no physical offices and branches. Neobanking allows everything from opening an account to other services, without the need to go to a bank. Simple, GoBank and Moven are some of the first-ever Neobanking organizations. In the present scenario, Neobanks are enjoying a co-operative environment and, competition is very low among them. However, with rising demand for these banks, rivalry is sure to occur in this market. Apart from the competition among the Neobanks, it would also emerge as a strong competitor for traditional banking institution. Easy processes of account opening, transactions, etc. are strong driving factors for the market. Moreover, the user interface of the Neobank websites gives it an upper hand. However, the authenticity and financial security factors may bring hindrances in its path.
SIMILAR MARKET STUDIES
SynopsisThis report provides projections of the volume and wealth of Italy HNWIs. This includes demographic trends (2011-2015) and findings of the proprietary Wealth Insight HNWI Database.Scope• Independent market sizing of Italy HNWIs across five wealth bands • HNWI volume and wealth trends from 2011 to 2015 • HNWI volume and wealth forecasts ...
September 2016 | $1995 | View Details >>
Summary Dawn Corporation (Dawn) is an information technology company. The company develops web and wireless geographic information system GIS software. Its product includes GeoBase, which is software for the development of geographic system related application. Dawn offer services such as GIS application development, GIS consulting, GIS research and development, GPS location-based ...
February 2015 | $300 | View Details >>
SynopsisTimetrics Switzerland Cards and Payments: Key Trends & Drivers, Emerging Consumer Attitudes and Charge Card Growth Prospects to 2018 provides market analysis, information and insights into the charge card market in Switzerland, including: • Current and forecast market values for the overall cards industry • Current and forecast market values for the ...
November 2014 | $500 | View Details >>
Timetric’s "Non-Life Insurance Policies and Premiums in Uganda to 2018: Market Databook" contains detailed historic and forecast data policies and premiums in the non life insurance industry in Uganda . This databook provides data on gross written premiums, earned premiums, premiums per capita and insurance penetration.
October 2014 | $500 | View Details >>
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