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Asia's next banking 'revolution'

15 May 2014 Last updated at 03:18 BST

For many, the bank is a place you put your money into for safekeeping and a source of financial products such as insurance or retirement plans.

But now some of the world's biggest e-commerce businesses, such as China's Alibaba and Tencent are giving traditional banks a run for their money.

They're offering what many people think are new and more convenient options online.

Ashleigh Nghiem reports on how that is changing the traditional banking landscape.