The burden of document requirements has led the financial services sector to demand digital, automated solutions to address the regulatory need, with U.S. banks at the forefront of implementing such solutions.
Investors’ appetite for impact investing—in which they seek to generate positive impact for society alongside strong financial returns—could total as much as $26 trillion, according to the report Creating Impact: The Promise of Impact In
The report’s premise is straightforward. The arrival of established technology giants, or Big Tech, on the financial scene could “affect the degree of concentration and contestability in financial services, with both potential benefits and ris
With the event being hosted in Sweden, our expert panelists will leverage how gender equality is a cornerstone of society in the country and discuss how we can shape best practice in financial services.
The study also found that, in response to the challenger bank threat, bankers expect their organizations to invest heavily in new technology (40 percent) and updating legacy systems (34 percent) in 2019.
The smartphone’s dominance in banking and of consumers’ communication, social, entertainment, health, shopping, scheduling and research lives is the perfect example of digital integration done right.
The FSB defines FinTech as technology-enabled innovation in financial services that could result in new business models, applications, processes or products with an associated material effect on the provision of financial services.