Discuss TWO (2) Development in the Banking Sector and How Your Selected Banks: Banking Assignment Report, SIM, Singapore

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University Singapore Institute of Management (SIM)
Subject Banking

Report Details:

Future of Banking (Individual):

  1. Gamification
  2. Video Banking
  3. Blockchain & Distributed Ledger Technologies (e.g. Bitcoin, Ethereum)
  4. Social Media
  5. Surface Technology
  6. Authentication and Biometrics (e.g. enhanced 2FA)
  7. Cloud Computing Technology
  8. Cashless Payment Technologies
  9. Learning Machines
  10. Big Data
  11. Advanced Sensors
  12. Flexible Platforms (e.g. APIs)
  13. Regulatory Technology (RegTech)

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  • From the list above, discuss TWO (2) development in the banking sector and how your selected banks may have adopted them. For each development, discuss the possible regulatory issue(s) or impact(s) which may arise.
  • Research on ONE (1) banking innovation or development that is not in the list above. Summarise your findings in no more than 1000 words.
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