Technology is upending workflow and processes in the financial services industry.
Given how pervasive financial services are across the globe, the disruption opportunity for fintech startups is massive.
Almost every type of financial activity – from banking to payments to wealth management and more – is being re-imagined by startups, some of which have garnered blockbuster investments.
Startups are re-imagining financial services processes, while incumbent financial services firms are following suit with new products of their own.
Banks will have to find a way to develop new platforms while overcoming legacy infrastructure; startups will have to find a way to scale out their business while facing increased regulations, higher costs, and larger infrastructures that will be more difficult to change and manage.
Frames the challenges and opportunities faced by incumbents and startups.
Determines the financial sectors facing disruption and breaks them down interms of investments.