You have better things to do with your time than queuing in a bank
[Sponsored Article]
A few years back the Hong Kong Monetary Authority heeded the calls for smart banking to better reflect people’s needs; and now Fusion Bank brings its new customers seamless and thoughtful services empowered by new technologies and a new, cost-effective business model.
Not that many years ago, one of the most common excuses by office employees returning late from their lunch break was the need to visit a nearby bank branch. They would need to join a long queue, waiting their turn at a teller.
Yes, whether it was to open a bank account, transfer funds, settle bills, make a deposit, and purchase some financial products—people had to stay in a line to offer money to a bank for some of the bank’s products.
To better reflect the lifestyle needs of the current generation of banking service customer, can a bank’s functions be streamlined? The answer from a new wave of licensed virtual banks is a resounding ‘Yes, of course!’. And Fusion Bank has made it its goal being its best to enhance financial inclusion for its retail customers, while driving FinTech development in the city.
In the past, opening a bank account would involve procedures to fill in forms and submit identification, making certain to get a precisely perfect signatures on all important documents. That, presumably, was only feasible when the office worker’s supervisors were considerate enough to allow their staff permission to leave their workplace temporarily, during what are ironically called ‘bank hours’.