2022 Digital Transformation of Retail Banks: How Tools like WeCom can Help
2022 Digital Transformation of Retail Banks: How Tools like WeCom can Help
ContributorsJuanli Zhu
EditorTao Ni, Xiangru Chen
Pages49
CopyrightEqualOcean Intelligence
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Introduction
The rapid development of the digital economy and society, coupled with the adverse impact of the COVID-19 in 2020, has significantly altered the current Chinese banking business growth model. In this report, EqualOcean discussed the digital transformation of retail banking in China and how Wecom can help this transformation. Notably, the report is currently in Chinese. If necessary, we provide the English version instead with an extra fee. Please contact us via contact@EqualOcean for details.
Highlights
- Statistics showed that digital transformation is the key of the future of retail banking business.
- Based on research, Wecom, a subsidiary of social media platform Wechat, will be the best enginee to boost the digital transformation with its large user base.
- In the long term, digital transformation of retail banking will gain more momentum in the future.
Contents
- 1 An overview of current situation of retail banking in China
- 2 How Wecom can help and recommendations of industry partners
- 3 Future trends
In this report
31
exhibits visually explaining the banking industry and the roles Wecom play
3
case studies analyzing how Wecom and relevant industry partners can accelerate the digital transoformation
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