As firms like wealthfront.com attract assets in an ever more saturated market, the interesting question is, will they succeed in disrupting the incumbents?
Regtech is the buzz word and solution to solve real life industry problems in the world of finance. So, what is Regtech and why is it important in this digital transformation?
Insurtech is disrupting the entire value chain and customer life cycle. ‘I want it now’ culture, increasing consumers’ needs, high competition and changing regulations force incumbents to change. Disruptive technologies offer the opportunities to redesign customer experience
Wealth Management-as-a-platform: the new business architecture, particular resources should be allocated to shaping the firm’s culture around agility and the number of potential business partners on cybersecurity
Insurers are utilizing that same data to leverage gamification, or more specifically, behavior-modification gamification
In 2016, with the foundation of FinTech Istanbul, an independent organisation supported by Interbank Card Center of Turkey, the Turkish FinTech ecosystem has started to develop and receive attention internationally.
RegTech solutions are considered as an important contribution to profitability and efficiency, while improving compliance.
In the financial industry there are a few concepts like trust, history and financial success that are valuable. It is logical then that if you do the right things and play by the rules, you may stay in business for ever. Not anymore!
4MLD will force changes in both compliance practices and company culture and technology looks like it can provide real, and much needed, assistance.
China is a global leader in B2C FinTech whose innovators also stand to overturn the traditional asset and wealth management sectors.