The Future Of Banking
– How Much Of A Threat Are Tech Titans To Global Banks? –
Markus W. Schmaus / Benjamin Heinrich, CFA, FRM
S&P Global Ratings analyses the challenges for the global banking franchise arising from the entrance of large tech players – such as Paypal, Amazon and Chinese Ant Financial – into providing certain finance-related services traditionally offered by banks only. This article provides an overview about the current presence of these new players in the segments payments, lending and deposit collection and takes into account differences in the level of competition across regions. It concludes with an assessment which elements of the traditional value chain in banking could be exposed to the biggest pressure in the near future.
S&P Global Ratings analysiert die Risiken für das Geschäftsmodell von Banken weltweit, resultierend aus dem Eintritt großer Technologiekonzerne – wie Paypal, Amazon und Ant Financial aus China – in einige Kernbereiche des traditionellen Bankgeschäfts. Der Artikel gibt einen Einblick über die derzeitige Präsenz dieser