FINTECH Insights.

The emergence of the Internet of Things and its confluence with insurance can potentially be one dynamic that empowers the movement towards accurately pricing the risk of the individual

To achieve better results InsurTech Data companies should partner up with insurers or license them a BDaaS to support multiple channel data collection and advance analytics.

Regulations now accepts the electronic authenticity confirmation of the client’s identity and no longer requires personal identification on-site.

Use of individuals information increases the possibility of conflicts where specific initiatives may be driven by public judgement more than legal concerns.

With MiFID II looming, and uncertainty over regulatory change in the USA, there will be enormous pressure on financial institutions to adapt to new legislation quickly and efficiently. RegTech is, and will remain, pivotal in achieving this.

The aspiration is to identify internal and external innovation impulses that can be utilized to bolster the bank’s strategic roadmap and wealth management.

The Uber Moment of Asset Management will create an avalanche of new, easy to handle tools and new players who are betting on this technology.

Insurtech is not just about efficiency. It must be about the customer. Winning them. And delighting them.

Firms are adapting strategies to deliver better contextual services to customers. Innovation cycles are getting shorter. New technologies are emerging.

InsurTech is something broader and may in some cases make incumbents invisible and parametric.

The capacity to successfully perform a good provenance is highly dependent on the existence of documented evidence which proves its ownership, owner identity

Regulatory technologies based around artificial intelligence, big data, blockchain and open standards have the potential to increase standardization across legal jurisdictions

Considerations of data protection and ethics and suggested risk management limitations of RegTech in assessing indirect and reputational risk exposure.

Low cost and infinitely scalable storage and computing costs, advanced algorithms enabled by new ‘cloud computing paradigms’ are now being ‘democratised’.

It is the time you have wasted with your rose that makes your rose so important. ― Antoine de Saint-Exupéry, The Little Prince.

Picture a woman, age thirty-five, sitting at a kitchen table with her laptop and cell phone in front of her. As she looks down at her phone, she smiles! The shares of a stock she bought recently have gone up, and better yet her overall portfolio value has trended upward for the last quarter.

The future form of pension funds will be private labelled retail retirement funds owned by single individuals as retirement wealth will become autonomous.

Collaboration of capabilities include a network of financial experts and social connections to enrich the research, buying and customer support experience.