Non-Bank Providers of Payments and Financial Services Market (NBPFS)

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Insight Report Non-Bank Providers of Payments
and Financial Services Best practices and Case
Studiesby Timetric

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  ncial-services-company

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Insight Report Non-Bank Providers of Payments
and Financial Services Best practices and Case
Studies

• The collection of Banking Financial Services
  Company market research reports has a new
  addition of Insight Report Non-Bank Providers
  of Payments and Financial Services Best
  practices and Case Studies on RnRMarketResearch.c
  om.
• Synopsis
• The report discusses in detail the best practices
  and new concepts adopted by non-bank companies
  engaged in payments and financial services.
• It provides insights into the key industry
  dynamics of non-bank payments and financial
  services (NBPFS) providers, and drivers
  supporting the growth of the NBPFS sector.
• It captures insights such as the role of NBPFS
  providers in the economy, inefficiencies in the
  banking sector and the emergence of NBPFS
  providers as an alternative for certain consumer
  segments.
• It provides case examples to highlight the
  strategies and actions taken by NBPFS providers
  to increase their business potential.
• Request a Sample copy of this report _at_
  http//www.rnrmarketresearch.com/contacts/request-
  sample?rname149724 .

3
Insight Report Non-Bank Providers of Payments
and Financial Services Best practices and Case
Studies

• Summary
• Non-bank payments and financial service (NBPFS)
  providers are facing difficulties in terms of
  expanding and defending their market shares, as a
  result of changes in regulatory dynamics, the
  economic environment and competitive landscapes.
  Companies are under pressure to deleverage and
  seek alternative sources of profit, as key
  economies remain weak and competition has
  increased. In this altered environment, a new
  operating model is needed, one that is rooted in
  attaining a primary relationship with the
  customer through the rebuilding of trust and the
  forging of active customer relationships.
• A number of NBPFS providers, both established and
  new, are setting best-practice examples in
  capitalizing on technology and their
  relationships with customers to enhance business
  potential, despite several hurdles to growth.
  This report explores key best practices adopted
  by NBPFS providers to stay competitive in the
  dynamic world of financial services.
• Complete report is available _at_ http//www.rnrmarke
  tresearch.com/insight-report-non-bank-providers-of
  -payments-and-financial-services-best-practices-an
  d-case-studies-market-report.html

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Insight Report Non-Bank Providers of Payments
and Financial Services Best practices and Case
Studies

• New technology is being adopted by NBPFS
  providers all over the world to renovate their
  operating structures. By implementing analytical
  tools in lending processes, and incorporating
  communications devices and modes such as mobile
  phones and mobile broadband into their
  operations, NBPFS providers are shifting the
  focus from bricks-and-mortar branches towards
  digital structures to increase consumer
  convenience and lower costs. Mobile payments are
  also increasingly being adopted by customers and
  companies alike. Additionally, these
  communication channels are being used for
  advertising and branding purposes several NBPFS
  are now utilizing mobile and social media
  platforms as a key part of the branding process
  for products and services.
• While regulation in the NBPFS sector has
  traditionally been relatively liberal, the
  scenario is expected to change, primarily due to
  weaknesses exposed in the current financial
  system during the slowdown, and due to the
  persistent effects of the negative global
  economic environment.
• Request a Sample copy of this report _at_
  http//www.rnrmarketresearch.com/contacts/request-
  sample?rname149724

5
Insight Report Non-Bank Providers of Payments
and Financial Services Best practices and Case
Studies

• Regulatory pressures, however, are not only due
  to the negative economic environment, are also
  driven by the need to control money-laundering
  and its use in illicit activity. However, the
  sectors regulatory landscape is highly dependent
  on the region in which the company operates.
• Scope
• This report provides insights into the key trends
  impacting the non-bank financial services sector,
  covering operational, technological and
  regulatory developments.
• Discusses key factors which drive the growth of
  NBPFS sectors.
• Discusses the issues and challenges faced by
  NBPFS providers such as rising regulatory
  pressure and changing competitive landscapes.
• Discusses best practices adopted by non-bank
  financial companies and payment service providers
  across different markets to target consumers.
• Discusses case studies to illustrate how the
  adoption of best practices enabled companies to
  strengthen their positions in the market.
• Complete report is available _at_ http//www.rnrmarke
  tresearch.com/insight-report-non-bank-providers-of
  -payments-and-financial-services-best-practices-an
  d-case-studies-market-report.html

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Insight Report Non-Bank Providers of Payments
and Financial Services Best practices and Case
Studies

• Key highlights
• NBPFS providers play a significant role in the
  economic landscape of a country, and act as a
  balance between banks and changing customer
  needs. NBPFS providers primarily find
  applications in rural financing in SMEs in the
  manufacturing, transport and other sectors in
  employment generation and in financing the poor.
• The majority of NBPFS have been driven by a
  short-term sales approach. However, increasing
  competition in the sector is expected to force
  these companies to change their business models.
  The effect of this trend is already visible, with
  NBPFS providers also being driven towards a
  relationship-based targeting model that would
  enable providers to streamline products based on
  customers needs.
• Service providers are promoting new products and
  services by capitalizing on relationships with
  consumers, especially for large retailers and
  mobile network operators which have the advantage
  of ready target markets. Encouraging loyal
  customers to adopt new payment solutions is
  Request a Sample copy of this report _at_
  http//www.rnrmarketresearch.com/contacts/request-
  sample?rname149724

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Insight Report Non-Bank Providers of Payments
and Financial Services Best practices and Case
Studies

• Despite the continued adoption of new strategies
  to acquire customers in a relatively difficult
  business environment, classic business strategies
  such as product bundling, cross-selling and
  partnerships remain integrated parts for most
  organizations.
• While NBPFS providers are subject to rising
  regulatory requirements and increased
  competition, consumers are becoming increasingly
  value-driven. This has led to increased pressure
  on profitability, forcing NBPFS providers to
  reassess their costs and revenue propositions
  across different models.
• Reasons to buy
• Gain insight into strategies adopted and actions
  taken by NBPFS providers in various parts of the
  world to expand their businesses.
• Analyze the challenges on the business operations
  of NBPFS providers due to rising competition,
  increasing compliance costs, investment in IT
  infrastructure and regulatory developments.
• Complete report is available _at_ http//www.rnrmarke
  tresearch.com/insight-report-non-bank-providers-of
  -payments-and-financial-services-best-practices-an
  d-case-studies-market-report.html

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Insight Report Non-Bank Providers of Payments
and Financial Services Best practices and Case
Studies

• For more details contact Mr. Priyank Tiwari
  sales_at_rnrmarketresearch.com / 18883915441

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