| These are the five megatrends transforming the financial services value chain... Hi there,
The pace of change in financial services has never been faster. In only the first quarter of 2019, Apple Card sent a shock wave through the credit card space, FIS' $35 billion Wirecard acquisition set a record in the payments industry, and Fifth Third's acquisition of MB Financial minted a new top-five bank.
Looking ahead, the mix of investor capital, sweeping global regulations, technological developments, and financial services globalization will promise to ignite more major developments before the year ends.
The incumbent banking and payment providers presiding over this landscape will face a mounting challenge to keep up. Firms must stay ahead of technology demands, preserve their bottom lines, grow their customer bases, and stay on the right side of regulators.
Meanwhile, fintech threats keep growing in scale and breadth, buoyed by disruptive business models, agility, an advantageous regulatory position, and low overhead. These companies are reaching ever further across the financial services value chain, from banking to insurance, wealth management, and payments.
In THE FUTURE OF FINTECH 2019, Business Insider Intelligence's fintech research team analyzes the five most important megatrends reshaping financial services with detailed data, analysis, and and actionable insights for financial services providers.
Here are some key takeaways from the 130+ slide deck:
- New geographical fintech centers, investor focus on late-stage mega-rounds, and the emergence of specialized fintech funds are driving a surge in funding.
- The global open banking movement, led by regulators in most countries and industry players in some, is reshaping financial services and winning strategies to take advantage of this shift are emerging.
- As fintechs and tech companies are broadening their payments and banking offerings beyond core services, incumbent firms are forced to shore up their defenses.
- Increasing regulatory scrutiny is driving change in the financial services industry, making winners and losers of incumbents, entrants, and consumers.
- Technologies like AI and blockchain are moving from hype to reality, creating threats and opportunities.
In full, the deck:
- Analyzes the five largest megatrends shaping financial services
- Identifies the best-of-breed providers getting ahead of industry developments
- Outlines key strategies other firms can use to mirror their success
We don’t want you to miss out on the opportunity to receive the newest version of the only resource you need to fully understand the evolving fintech landscape. So we’re giving you two ways to access this slide deck:
- Subscribe to a Premium membership to Business Insider Intelligence to receive The Future of Fintech 2019 slide deck , PLUS more than 275 other research reports that cover the changing landscapes of the Internet of Things, payments, fintech, e-commerce, and more. You’ll also receive all 8 of our daily newsletters first thing each morning to get you up to speed on the latest developments in your industry.
- Purchase and download the deck directly from our research store (but you’ll miss out on all the up-to-date analysis our subscribers receive).
Whatever you decide, you’ve given yourself a powerful tool in understanding the future landscape of the fintech industry.
Sincerely, The Business Insider Intelligence Team
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