Technology transforms the world and the financial sector. Digitalisation takes competition and innovation capacities to new levels. For those of you still hesitating on embracing the digital wave, here are five reasons to make the leap:
Almost a decade after the global financial crisis, financial institutions still have to cut costs to contain the low growth, low margin and highly-regulated environment. Outsourcing and offshoring have helped in the past, but they’re no longer enough. Businesses must now turn to technology and digitalisation to move forward.
Banking is at a crossroads, facing threats and opportunities from events like Brexit, as well as continued change from social and technological evolution. Disruption is no longer on the horizon; it’s on banks’ doorstep. Here are three reasons why a banking revolution is underway.
The rise of financial technology — FinTech, for short — is changing the way people and companies save, pay, borrow, and invest. New competitors often offer low-cost solutions that are simple to access and easy to use. In the process, they’re upending the status quo.
Banks, asset and wealth managers, as well as insurers are scrambling to find new revenue sources and ways to grow: organically, by introducing new services, through acquisitions, or by developing strategic partnerships.
Blockchain is one of the most exciting—and more misunderstood—emerging technologies. It essentially offers a decentralised ledger of all transactions across a network. When a transaction occurs, everyone on the network knows about it. It’s tamper-proof and virtually instantaneous. This has real disruptive implications for the financial industry, which today uses …
The result of the UK’s referendum has already led to considerable market turbulence with experts predicting more to come. The Brexit vote has presaged a period of sustained uncertainty as we are debating the political, legal and indeed business implications – with little hope for concrete answers in the near-term. …