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European NeoBanks Market Report 2018 Featuring Brief, Fidor Bank, Kontist, Nickel, OakNorth & Soldo - ResearchAndMarkets.com

October 2, 2018

DUBLIN--(BUSINESS WIRE)--Oct 2, 2018--The “European NeoBanks Market, 2018” report has been added to ResearchAndMarkets.com’s offering.

As the global banking industry struggles with issues related to rising costs, legacy infrastructure, evolving customer demand and changing regulations, the NeoBanking industry is making slow but steady progress. With new business models, innovative products and services, use of technology and approach to business, NeoBanks are engaging their customers like never before.

The objective of this study is to identify NeoBanking trends in Europe. With regulations enabling access to data to encourage competition, NeoBanks are disrupting the market. The underserved market segments are exploring new and innovative offers. This study delves deeper into the efforts that NeoBanks are making to differentiate themselves, technologies that they are using, and the new business models that are working for them.

While NeoBanks will continue to disrupt the market, they need to be backed by a solid foundation. The United Kingdom has recently issued licenses to many new banks are almost 150 years. These new banks are using technology to forge ahead, and while they do not have the legacy of information that most large banks possess, they are using connected devices and shared economy and a completely new approach to gather consumer data. This data is being used to derive insights and make better decisions. This in turn is appreciated by consumers and enterprises alike, who are now open to sharing data in a secure environment in exchange for better products and customized services.

Technologies such as AI, ML, analytics, and Blockchain are constantly evolving and new solutions based on these technologies are gaining prominence. Some of the areas that are likely to witness significant developments include security solutions, analytics based decision-making, and natural language understanding based applications.

Regulators are also promoting NeoBanks by enabling access to data through regulations such as PSD2 and GDPR. Incumbents are also playing a significant role with strategic investments in innovative companies, partnerships, and also by launching their own NeoBanks.

The report also includes company profiles of many market participants, along with their value propositions, differentiators, strengths and weaknesses.

Key Features

An Introduction to NeoBanks NeoBanking Trends in Europe Technology Trends and their impact on the Industry Drivers and Restraints to the NeoBank Industry Growth Opportunities across the Segments

Key Issues Addressed

What are the challenges for the traditional banking system that are met by NeoBanks? What are the trends in the European NeoBanking industry? What are the technology trends prevalent in the industry? What are the drivers and restraints for the European NeoBanking industry? What are the key growth opportunities in the NeoBanking industry?

Key Topics Covered:

1. Executive Summary

2. Market Overview

3. Introduction To NeoBanks

4. NeoBanks In Europe

5. European NeoBanks - Market Trends

6. European NeoBanks - Technology Trends

7. European NeoBanks - Company Profiles

8. European NeoBanks - Drivers And Restraints

9. Growth Opportunities And Companies To Action

10. The Last Word

11. Appendix

Companies Mentioned

Brief Fidor Bank Kontist Nickel OakNorth Soldo

For more information about this report visit https://www.researchandmarkets.com/research/2qbp7r/european_neobanks?w=4

View source version on businesswire.com:https://www.businesswire.com/news/home/20181002005724/en/

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Related Topics:Online Banking

KEYWORD: EUROPE

INDUSTRY KEYWORD: TECHNOLOGY INTERNET PROFESSIONAL SERVICES BANKING FINANCE

SOURCE: Research and Markets

Copyright Business Wire 2018.

PUB: 10/02/2018 10:48 AM/DISC: 10/02/2018 10:49 AM

http://www.businesswire.com/news/home/20181002005724/en

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