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Posted

Thais warm to robo-banking

By NONTAWAT POOMCHUSRI
SPECIAL TO THE NATION

 

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NONTAWAT POOMCHUSRI

 

THAILAND stands out as a nation willing to embrace robo-banking. Nearly seven out of 10 consumers of banking, insurance and financial advisory services are willing to use robo-advice – computer-generated advice and services that are independent of a human adviser – according to an Accenture study of more than 32,000 consumers in 18 countries and regions.

 

But in Thailand, 90 per cent of those surveyed said they would consider making use of robo-banking.

 

The research found that the countries with the biggest appetite for robo-advice are in emerging economies. In Indonesia, 92 per cent of respondents were ready to take the plunge and levels were also high in Brazil (86 per cent) and Chile (84 per cent). Along with Thailand, these are markets where it is already common to use a smartphone or other digital device as the primary vehicle for financial services interactions.

 

Full story:  http://www.nationmultimedia.com/news/business/corporate/30304555

 

 

 
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-- © Copyright The Nation 2017-01-21
Posted
4 hours ago, rooster59 said:

Along with Thailand, these are markets where it is already common to use a smartphone or other digital device as the primary vehicle for financial services interactions.

 

What planet is this writer on? Other than some of the urban middle class, Thais use smartphones mainly for Line and Facebook, and rely on phone calls plus ATM transfers, or 7-11, for "financial services interactions."

Posted
9 hours ago, rooster59 said:

computer-generated advice and services that are independent of a human adviser

Yes and soon a lot of working class people will be computer generated right out of a job and the government if they need money can push the red emergency button and drain your account. Its a Svengali con by the government. Funny how we always fall for things that are "supposed" to make our life easier. 

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