{"id":1196,"date":"2022-05-25T19:46:00","date_gmt":"2023-06-06T19:46:08","guid":{"rendered":"https:\/\/www.salesforce.com\/?p=1196"},"modified":"2023-06-15T04:57:40","modified_gmt":"2023-06-15T04:57:40","slug":"3-key-takeaways-from-our-new-ebook-unleashing-fintechs-potential","status":"publish","type":"post","link":"https:\/\/www.salesforce.com\/ap\/blog\/3-key-takeaways-from-our-new-ebook-unleashing-fintechs-potential\/","title":{"rendered":"3 Key Takeaways from Our New Ebook: Unleashing Fintech\u2019s Potential"},"content":{"rendered":"\n<p>The ASEAN financial services sector has been through a transformation \u2013 moving from the periphery into the mainstream over the last few years. And it\u2019s easy to see why \u2013 fintech has made managing finances easier and more accessible than ever.<\/p>\n\n\n\n<p>Funding for fintech firms across ASEAN has exploded \u2013 investments in the first nine months of 2021 topped <a href=\"https:\/\/www.businesstimes.com.sg\/garage\/asean-fintech-funding-hits-record-high-of-us35b-for-9m-2021-report\" target=\"_blank\" adhocenable=\"false\" rel=\"noopener\">more than three times<\/a> the total amount funded in 2020. The total amount invested is&nbsp; more than US$3.5 million.&nbsp;<\/p>\n\n\n\n<p>The market opportunities are tremendous. To fully tap into them, fintech startups need more than just a great product or service idea. They also need platforms and technologies to help them win customers, accelerate business growth, and scale cost effectively.<\/p>\n\n\n\n<p>Our new e-book, <a href=\"https:\/\/www.salesforce.com\/ap\/form\/pdf\/unleashing-fintechs-potential\/?d=7013y000002EN2XAAW&amp;nc=7013y000002ZEhSAAW\" target=\"_blank\" adhocenable=\"false\" rel=\"noopener\">Unleashing Fintech\u2019s Potential<\/a>, looks at how fintech companies use technologies like Salesforce to thrive. With real-life examples from ten innovative companies, the e-book is a definitive guide to Salesforce\u2019s capabilities for fintech.<\/p>\n\n\n\n<p>Here are three key takeaways:<\/p>\n\n\n\n<h2 class=\"wp-block-heading has-large-font-size\"><b>1. ASEAN is a hotbed of fintech innovation<\/b><\/h2>\n\n\n\n<p>Across ASEAN, around <a href=\"https:\/\/www.fitchratings.com\/research\/banks\/digital-banks-in-south-east-asia-19-08-2020\" target=\"_blank\" rel=\"noopener\">290 million people remain unbanked, and only 18% of the population has access to credit<\/a>. But thanks to increasing penetration of the internet, the fintech sector is bringing financial services to people who have, until now, been underserved. The tide is changing \u2013 recent research shows that more than half of consumers in Southeast Asia prefer digital payments.&nbsp;<\/p>\n\n\n\n<p>While the competition from techfin companies like Google and Amazon is fierce, fintech companies aren\u2019t tackling it alone. Many are collaborating with other fintech firms, non-banking financial companies (NBFCs), traditional banks, and even consumer goods businesses. Together, they benefit from shared customer networks and scale, while delivering agility and innovation in return.<\/p>\n\n\n\n<p>To stay competitive, reach new customers, and engage with partners, fintech firms can look to tech solutions that let them connect and collaborate in a whole new way.<\/p>\n\n\n\n<p> <\/p>\n\n\n\n<h2 class=\"wp-block-heading has-large-font-size\"><b>2. Salesforce helps fintech firms connect with customers in a smarter, faster way<\/b><\/h2>\n\n\n\n<p>Our goal at Salesforce is to bring companies and customers together. Through our market-leading <a href=\"https:\/\/www.salesforce.com\/ap\/products\/\" target=\"_blank\" rel=\"noopener\">Customer 360 platform<\/a>, we help fintech firms engage with customers more meaningfully, deliver experiences that exceed expectations, and cultivate relationships that last a lifetime.<\/p>\n\n\n\n<p>With Salesforce, digital lenders are streamlining their entire loan lifecycle, and making credit more accessible to millions of those underserved in ASEAN. In the e-book, you can read case studies from LendingTree, RCBC, and Tandem Bank, describing how they:&nbsp;<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li> <span style=\"color: var(--c-nero); font-family: var(--f-secondary); font-size: 1rem; letter-spacing: 0.0012em;\">Reduced average call times<\/span> <\/li>\n\n\n\n<li> <span style=\"color: var(--c-nero); font-family: var(--f-secondary); font-size: 1rem; letter-spacing: 0.0012em;\">Used automation to reduce credit investigation times<\/span> <\/li>\n\n\n\n<li> <span style=\"color: var(--c-nero); font-family: var(--f-secondary); font-size: 1rem; letter-spacing: 0.0012em;\">Shortened application times for customers<\/span> <\/li>\n<\/ul>\n\n\n\n<p>Insurtech firms are bringing their core insurance processes and policy lifecycles to the cloud. They have transformed the customer experience by streamlining claims management, and granted agents, brokers and customer service teams a 360-degree view of their customers.&nbsp;Using Salesforce technology, insurance companies have been able to improve customer service by deploying chatbots to triage customer support tickets, and maintain personalised service at scale.<\/p>\n\n\n\n<p>That\u2019s not all. In our e-book <a href=\"https:\/\/www.salesforce.com\/ap\/form\/pdf\/unleashing-fintechs-potential\/?d=7013y000002EN2XAAW&amp;nc=7013y000002ZEhSAAW\" target=\"_blank\" rel=\"noopener\">Unleashing Fintech\u2019s Potential<\/a>, you can read case studies from neobanks, payment companies, and wealthtech firms, from across the APAC region.&nbsp;<\/p>\n\n\n\n<p>Salesforce has entry-level products that are accessible and affordable for all kinds of fintech firms, regardless of size. Startups can start small, with just one or two solutions that best support their needs. As their business grows, Salesforce grows with them, giving them the scale and agility to succeed.<\/p>\n\n\n\n<p><\/p>\n\n\n\n<h2 class=\"wp-block-heading has-large-font-size\"><b>3. Gaining speed, agility, and scale is easy with Salesforce<\/b><\/h2>\n\n\n\n<p>Fintech firms around the world choose Salesforce for many reasons, including:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li> <b style=\"color: var(--c-nero); font-family: var(--f-secondary); font-size: 1rem; letter-spacing: 0.0012em;\">Quick time-to-market <\/b><span style=\"color: var(--c-nero); font-family: var(--f-secondary); font-size: 1rem; letter-spacing: 0.0012em;\">\u2014 Complete projects in months, not years<\/span> <\/li>\n\n\n\n<li> <b style=\"color: var(--c-nero); font-family: var(--f-secondary); font-size: 1rem; letter-spacing: 0.0012em;\">Easy customisation<\/b><span style=\"color: var(--c-nero); font-family: var(--f-secondary); font-size: 1rem; letter-spacing: 0.0012em;\"> \u2014 Configure processes quickly through clicks, not code<\/span> <\/li>\n\n\n\n<li> <b style=\"color: var(--c-nero); font-family: var(--f-secondary); font-size: 1rem; letter-spacing: 0.0012em;\">Complete vision<\/b><span style=\"color: var(--c-nero); font-family: var(--f-secondary); font-size: 1rem; letter-spacing: 0.0012em;\"> \u2014 Manage every customer interaction from a single platform<\/span> <\/li>\n\n\n\n<li> <b style=\"color: var(--c-nero); font-family: var(--f-secondary); font-size: 1rem; letter-spacing: 0.0012em;\">Continuous evolution <\/b><span style=\"color: var(--c-nero); font-family: var(--f-secondary); font-size: 1rem; letter-spacing: 0.0012em;\">\u2014 Enjoy new Salesforce innovations and seamless upgrades with three releases per year<\/span> <\/li>\n\n\n\n<li> <b style=\"color: var(--c-nero); font-family: var(--f-secondary); font-size: 1rem; letter-spacing: 0.0012em;\">Customer success<\/b><span style=\"color: var(--c-nero); font-family: var(--f-secondary); font-size: 1rem; letter-spacing: 0.0012em;\"> \u2014 Amplify success by collaborating with a wide community of fintech Trailblazers and partners<\/span> <\/li>\n\n\n\n<li> <b style=\"color: var(--c-nero); font-family: var(--f-secondary); font-size: 1rem; letter-spacing: 0.0012em;\">Leading cloud marketplace<\/b><span style=\"color: var(--c-nero); font-family: var(--f-secondary); font-size: 1rem; letter-spacing: 0.0012em;\"> \u2014 Browse through more than 8,000 apps to find a solution for just about every business challenge<\/span><\/li>\n<\/ul>\n\n\n\n<div class=\"layout-one wp-block-salesforce-blog-offer\">\n\t<div class=\"wp-block-offer__wrapper\">\n\n\t\t<div class=\"wp-block-offer__content\">\n\t\t\t<h2 class=\"wp-block-offer__title\">Unleashing Fintech\u2019s Potential<\/h2>\n\t\t\t\t\t\t\t<p class=\"wp-block-offer__description\">The demand for fintech in ASEAN is surging as more customers embrace digital banking, contactless payments, robo-advisors, and personal loan apps.<\/p>\n\t\t\t\n\t\t\t\n\t\t\t\t\t\t\t<div class=\"wp-block-button\">\n\t\t\t\t\t<a class=\"wp-block-button__link\" target=\"_blank\" href=\"https:\/\/www.salesforce.com\/ap\/form\/pdf\/unleashing-fintechs-potential\/?d=7013y000002EN2XAAW\">Learn More<\/a>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\n\t\t<div class=\"wp-block-offer__media\">\n\t\t\t\t\t<\/div>\n\t<\/div>\n\n\t\t\t<div class=\"wp-block-offer__graphics wp-block-offer__contour\"><\/div>\n\t\n\t\t\t<!-- Standard Illustration -->\n\t\t<img decoding=\"async\" class=\"wp-block-offer__graphics wp-block-offer__illustration\" src=\"https:\/\/www.salesforce.com\/ap\/blog\/wp-content\/themes\/salesforce-blog\/dist\/images\/offer-block\/offer-illustration-layout-one.png\" alt=\"\">\n\n\t\t<!-- Small Accent Illustration -->\n\t\t\t\t\t<img decoding=\"async\" class=\"wp-block-offer__graphics wp-block-offer__accent\" src=\"https:\/\/www.salesforce.com\/ap\/blog\/wp-content\/themes\/salesforce-blog\/dist\/images\/offer-block\/offer-accent-layout-one.png\" alt=\"\">\n\t\t\n\t\t<!-- Left Side Illustration -->\n\t\t\n\t\t<!-- Cloud Illustration -->\n\t\t\t\t\t<img decoding=\"async\" class=\"wp-block-offer__graphics wp-block-offer__cloud\" src=\"https:\/\/www.salesforce.com\/ap\/blog\/wp-content\/themes\/salesforce-blog\/dist\/images\/offer-block\/offer-cloud-layout-one.png\" alt=\"\">\n\t\t\n\t<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Fintech firms can take advantage of a growing market and cutting-edge technology to unleash their potential.<\/p>\n","protected":false},"author":1,"featured_media":1195,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"sf_justforyou_enable_alt":true,"optimizely_content_id":"1f6d0f37d82f477aa0ccb8676deed209","post_meta_title":"","ai_synopsis":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"sf_topic":[18,17],"sf_content_type":[],"coauthors":[3],"class_list":["post-1196","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","sf_topic-digital-transformation","sf_topic-financial-services"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.2 (Yoast SEO v27.2) - 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