Download a copy of Lending Redefined — Harnessing Digital Opportunities in Southeast Asia

Lending is the bread and butter of the banking business. Traditional lenders have been ramping up their IT investments to stay competitive in today’s marketplace. Meanwhile, digital startups are cropping up in every corner of the financial world to capitalize on pockets of opportunity that have emerged with
new technologies.

Most lenders in Southeast Asia are just scratching the surface in terms of realizing the full potential of digitalization. In this report, we take a deep dive into these industry dynamics and explore what it takes to build the next generation of digital lenders.

Key highlights include:

• Global IT spend in financial services has surpassed US$650 billion a year. Asia holds tremendous potential as the region with the most active online banking users
• The incorporation of APIs into a lender’s infrastructure can drive cost savings, higher customer satisfaction and more efficient capital management
• Reinventing the lending model comes with challenges like regulatory compliance and legacy system overhaul— but there are ways to effectively manage the transition