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Taipei Fubon Bank awarded Best Branch Innovation at The International Excellence in Retail Financial Services Awards 2020

June 08, 2020 | The Asian Banker
  • Taipei Fubon Bank’s Family Branch represents Taiwan’s first “Digital Family Bank” by incorporating digital and gaming technology to serve both parents and children
  • The innovation project strengthened client engagement and propelled the bank’s business
  • Taipei Fubon Bank is working with the government to cushion the economic and human impact of COVID-19

Singapore, 5 June 2020 — Taipei Fubon Bank received Best Branch Innovation at The Asian Banker International Excellence in Retail Financial Awards 2020.

Taipei Fubon Bank’s Family Branch represents Taiwan’s first “Digital Family Bank” by incorporating digital and gaming technology to serve both parents and children

Consistent with its family banking value proposition, the bank rolled out an e-Family Branch to create a financial literacy centre for parents and their children. The branch transformation is a cross-industry collaboration among Taipei Fubon Bank, the Hon Hai Technology Group and Asia Pacific Telecom. The bank seamlessly integrated technology in upgrading its branch with elements such as facial recognition apps, AI-driven health check devices and motionsensing financial education games to promote financial literacy and digital usage. It also built Taiwan’s biggest indoor smart forest ecosystem, with a breathing, organic space that reduces CO2 emissions.

The innovation project strengthened client engagement and propelled the bank’s business

Throughout 2019, Taipei Fubon Bank held 11 events in its e-Family Branch with financial themes for parents and children. More than generating a high participation rate for these programmes, the ...

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