Riveretech and Hainan Bank jointly draw up a new blueprint for the development of intelligence retail business

On June 1, 2020, the Central Committee of the Communist Party of China and the State Council issued the “Overall Plan for the Construction of Hainan Free Trade Port”, and a press conference was held on June 8 this year. The construction of Hainan Free Trade Port entered the full implementation stage.

• Recently, Hainan Bank and Riveretech signed a strategic cooperation agreement.

• Hainan Bank is an important regional bank in Hainan and the only provincial-level corporate commercial bank in Hainan Free Trade Port. Since its establishment, Hainan Bank has adhered to the service concept of “understanding Hainanese people and more about Hainanese sentiments”, serving local enterprises and people with the most intimate attitude, and opening up new channels for building distinctive brands.

• The opening of the financial industry in the free trade port and the relaxation of access restrictions mean that the future competition in the financial market in Hainan will become more intense.

• Based on deep understanding of bank retail business and years of first-line practical experience, Riveretech will provide Hainan Bank with professional consulting services. Based on rich experience in scene ecological construction Riveretech will assist Hainan Bank to establish a retail business operation system that is customer-centric, data-based, customer journey-based, scenario-based, and a combination of internal and external ecosystems, and builds a full-customer, full-product, and full-capable retail business Technology and management system.