{"id":5323,"date":"2023-12-18T13:11:10","date_gmt":"2023-12-18T13:11:10","guid":{"rendered":"https:\/\/thegulfpress.com\/how-gcc-neobanks-are-shaping-the-next-banking-revolution\/"},"modified":"2023-12-18T13:11:10","modified_gmt":"2023-12-18T13:11:10","slug":"how-gcc-neobanks-are-shaping-the-next-banking-revolution","status":"publish","type":"post","link":"https:\/\/thegulfpress.com\/en\/how-gcc-neobanks-are-shaping-the-next-banking-revolution\/","title":{"rendered":"How GCC neobanks are shaping the next banking revolution"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div itemprop=\"articleBody\">\n<div class=\"thb-article-featured-image \">\n<img fetchpriority=\"high\" width=\"930\" height=\"620\" class=\"attachment-theissue-full-x2 size-theissue-full-x2 thb-lazyload lazyload wp-post-image\" alt=\"GCC neobanks and the next banking revolution\" decoding=\"async\" sizes=\"(max-width: 930px) 100vw, 930px\" src=\"https:\/\/gulfbusiness.com\/wp-content\/uploads\/2023\/11\/Copy-of-930-x-620-pix-web-size-2.png\" data-sizes=\"auto\" srcset=\"https:\/\/gulfbusiness.com\/wp-content\/uploads\/2023\/11\/Copy-of-930-x-620-pix-web-size-2.png 930w, https:\/\/gulfbusiness.com\/wp-content\/uploads\/2023\/11\/Copy-of-930-x-620-pix-web-size-2-300x200.png 300w, https:\/\/gulfbusiness.com\/wp-content\/uploads\/2023\/11\/Copy-of-930-x-620-pix-web-size-2-768x512.png 768w, https:\/\/gulfbusiness.com\/wp-content\/uploads\/2023\/11\/Copy-of-930-x-620-pix-web-size-2-370x247.png 370w, https:\/\/gulfbusiness.com\/wp-content\/uploads\/2023\/11\/Copy-of-930-x-620-pix-web-size-2-800x533.png 800w, https:\/\/gulfbusiness.com\/wp-content\/uploads\/2023\/11\/Copy-of-930-x-620-pix-web-size-2-20x13.png 20w, https:\/\/gulfbusiness.com\/wp-content\/uploads\/2023\/11\/Copy-of-930-x-620-pix-web-size-2-185x123.png 185w, https:\/\/gulfbusiness.com\/wp-content\/uploads\/2023\/11\/Copy-of-930-x-620-pix-web-size-2-740x493.png 740w, https:\/\/gulfbusiness.com\/wp-content\/uploads\/2023\/11\/Copy-of-930-x-620-pix-web-size-2-400x267.png 400w, https:\/\/gulfbusiness.com\/wp-content\/uploads\/2023\/11\/Copy-of-930-x-620-pix-web-size-2-72x48.png 72w\"\/> <\/p>\n<p>Image courtesy: Getty Images <\/p>\n<\/div>\n<p>Banking has traditionally been a conservative industry that enjoyed relatively high barriers to entry due to regulations that restrained access for non-bank competitors.<\/p>\n<p>The changes in the regulatory environment and innovative technologies such as open banking have changed the field of play for GCC incumbents as they face fierce competition from neobanks who are billing on user experience as their point of&#8230;<\/p>\n<\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/gulfbusiness.com\/gcc-neobanks-and-the-next-banking-revolution\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Image courtesy: Getty Images Banking has traditionally been a conservative industry that enjoyed relatively high barriers to entry due to regulations that restrained access for non-bank competitors. The changes in&hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1003],"tags":[],"class_list":["post-5323","post","type-post","status-publish","format-standard","hentry","category-technology-en"],"_links":{"self":[{"href":"https:\/\/thegulfpress.com\/en\/wp-json\/wp\/v2\/posts\/5323","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/thegulfpress.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thegulfpress.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thegulfpress.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/thegulfpress.com\/en\/wp-json\/wp\/v2\/comments?post=5323"}],"version-history":[{"count":0,"href":"https:\/\/thegulfpress.com\/en\/wp-json\/wp\/v2\/posts\/5323\/revisions"}],"wp:attachment":[{"href":"https:\/\/thegulfpress.com\/en\/wp-json\/wp\/v2\/media?parent=5323"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thegulfpress.com\/en\/wp-json\/wp\/v2\/categories?post=5323"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thegulfpress.com\/en\/wp-json\/wp\/v2\/tags?post=5323"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}