Podcasts

[podcast] Jan Bellens on fintech trends in Asia and emerging markets

close

Email a Friend

[podcast] Jan Bellens on fintech trends in Asia and emerging markets
Jan Bellens is banking and capital markets leader for EY in emerging markets and Asia Pacific. [caption id="attachment_6673" align="alignright" width="202"]Jan Bellens, EY Jan Bellens, EY[/caption] He’s tasked with a role at his firm that is part analyst, business consultant, and trend watcher. He speaks to his partners, teams, and financial services clients in emerging markets, with his ear to the ground to best understand how EY can help and serve its clients. It’s this high-level and global perspective that I was most interested in chatting with Jan. Jan sees an Asian phenomenon — born out in his firm’s Global Consumer Bank Survey. In some of the asia markets like Indonesia and China, he and his team see strong eagerness from consumers and businesses to engage with new financial firms, models, and technologies.Much more so than in developed markets. He's tracking his firm's Fintech Adoption Index — fintech adoption in quite strong in bigger cities like Singapore and Hong Kong. In mainland China, Jan believes fintech providers do pose a serious challenge to some of the smaller banks. It’s a reality — at different paces and speeds across different markets and all of EY’s clients are looking at how to address this. Jan has a unique geographic view and not one we’ve given enough attention to on this podcast — Asia is such a diverse market and one that’s embracing of fintech. It’s interesting to hear what large incumbent financial institutions are planning for their futures. One thing that’s top of mind in the Asian market, according to Jan, is the role of the ecosystem. How will regulators approach this going forward. Are rules going to be loosened so that banks can start to improvise a bit more or will regulators turn their sites to startups and force them to comply with similar rules facing traditional financial services firms?

Listen to the FULL episode

More resources

  • EY (Jan's company)
  • EY Fintech Adoption Index (EY surveyed more than 10,000 digitally active people in Australia, Canada, Hong Kong, Singapore, the United Kingdom and the United States to better understand the overall rate of FinTech adoption, which users are adopting which products and the outlook for future usage.)

EVEN MORE RESOURCES

0 comments on “[podcast] Jan Bellens on fintech trends in Asia and emerging markets”

Podcasts, The Customer Effect

How Gen Z likes to get paid with Amex, Wise, and DailyPay

  • Does Gen Z have different preferences and behaviors when it comes to getting paid?
  • In this episode of the podcast, we explore topics such as cross-border remittances, early wage access, and the evolving landscape of financial technology and services for Gen Z.
Zachary Miller | December 06, 2023
Podcasts

Tearsheet’s top 10 podcasts of 2023

  • What a year it's been -- from lingering COVID to bank failures to rising inflation and interest rates.
  • We track the year that was, through some of the top podcasts we published in 2023.
Zachary Miller | December 05, 2023
Podcasts

‘The Chief Data and Analytics Office is a team sport’: Vanguard’s Ryan Swann

  • Ryan Swann, Vanguard's Chief Data and Analytics Officer, champions the centralization of data analytics for business efficiency while highlighting the importance of diverse talent in innovation.
  • He envisions a convergence of offensive and defensive data strategies to enhance capabilities and reduce costs at Vanguard.
Zachary Miller | December 01, 2023
Podcasts

The state of bill pay with Solutions by Text’s Nick Babinsky

  • Consumers struggle with one-time payments, frequently forgetting to pay their bills on time.
  • Banks, billers, and payers can find success when simple texts are used as reminders and onboarding to payment flows.
Zachary Miller | November 29, 2023
Podcasts

‘If you can get Gen Z right, it’s going to build your bank for the future’: Citizens Bank’s Vice Chair, Brendan Coughlin

  • Regional banks like Citizens face a variety of challenges, from high interest rates to rising consumer expectations.
  • Brendan Coughlin, the bank's Vice Chair and head of consumer banking, joins us on the podcast to discuss how his firm is navigating the challenges and opportunities in this market.
Zachary Miller | November 21, 2023
More Articles