Fintech Awards 2021

www.wealthandfinance-news.com 28 Wealth & Finance International - 2021 FinTech Awards APR2w2 Established in Port Vila Vanuatu in 2019, Roc Bank has always tried to act as a modern bank for a modern age. The team’s commitment to the potential of the digital landscape has seen them focus on ensuring that every one of their services is available in an online scenario. While older organizations move online with the associated redundancies, Roc Bank has operated since the very beginning with this approach. The team’s workforce is one which is very diverse in terms of gender, cultural background, and expertise, allowing for a new perspective on the industry that has brought about great success. The firm leverages the incredible knowledge, skills, and expertise of the management and IT teams to provide cross-border payment, digital banking, and online investment service solutions, across various major financial markets. Every product is one which can be delivered through the bank’s website and its various mobile apps in an expeditious, secure and convenient manner. The nature of Roc Bank means that the team are always looking forward, trying to understand not just what their clients want now, but to predict what they will expect from their banks in the future. The world of FinTech is in constant flux, and deciding which path to take on behalf of clients is never easy – fortunately, the inclusive approach of Roc Bank has ensured that the decisions made so far have given clients the most convenient and secure FinTech service currently available on the market. Because they are a relative newcomer to the market, Roc Bank has a significant advantage over the competition of most traditional banks. Instead of copying offline processes and making it new, the team have been able to digitalize the entire workflow throughout their front office, middle office, and back office. As a result, the firm boasts an incredibly strong KYC and AML/CTF system that is uniquely designed to support the extensive business activities that the bank is involved with. As the team look to the future, it’s clear that the pandemic has not gone away and that clients and customers alike will need a little extra support to achieve their potential. As such, the Roc Bank team will be focusing more on improving their internal procedure and service standard to prepare for the great recovery ahead, especially for those Traditional banks have been forced to change their ways over the last few years, adapting to a new digital landscape. For the team at Roc Bank Limited, a new entry into this exciting market, the need to innovate is nestled within the core of the business. We profile some of the achievements of the firm, following its success in the FinTech Awards, to see how they have managed to thrive in this new space. Best International SME Banking Solution - Asia Pacific working across the digital banking industry. The nature of the team’s digital approach means that it is easier for them to expand their geographic reach where the opportunities present themselves. Digital transformation is not just a trend for the banking industry during the pandemic, but the direction of travel for the sector as a whole. The impact of COVID-19 has accelerated this trend, but it is one which the Roc Bank team are already well prepared for. Their focus on online financial services has set them apart with ease. Naturally, it has changed the way in which they have developed, with more focus on online campaigns that appeal to individual and SME clients who work on online platforms. The team’s quick and effective actions during the last year and a half of turbulence have ensured that their new endeavour has been able to thrive. Roc Bank Limited Jul21202 For some, banking is an industry that is only just changing to meet the needs of the present day. At Roc Bank, it is an industry that will have to keep up with their incredible eye for innovation. We celebrate the team’s success and look forward to seeing what amazing achievements can be fulfilled next. Company: Roc Bank Limited Name: Jarod Feng Email: [email protected] Web Address: https://www.rocbank.com/