GTFS: Global Trends and Future Scenarios Index

The Future of Financial Services: How disruptive innovations are reshaping the way financial services are structured, provisioned and consumed

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Publisher’s abstract

Rapidly advancing technologies, evolving customer expectations and a changing regulatory landscape are opening doors to disruptive innovation in financial services. From crypto-currencies to big data to peer-to-peer lending, fintech innovations have captured the attention and imagination of customers, investors and incumbents.

However, the nature and extent of the impact that these innovations will have on the financial services industry remains unclear. This document captures the results of a series of multistakeholder dialogues that explored the potential for these innovations to transform the financial ecosystem as well as the risks and opportunities that could emerge from changes in the way financial services are structured, delivered and consumed in the future in the future.

 

Issues:
Economics, Technological innovation
Region:
Global
Year Published:
2015
Institution:
World Economic Forum
Tag:
Financial services