Tag "report"

Potential of Robo Advisors in the Insurance Industry

Automated advisory platforms, or so-called robo advisors, have been making a lot of noise in the financial services industry because of the high level of automation and efficiency they bring to the table. In a new report entitled ‘AI –

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KPMG Report: Robo Advice Platforms Will Manage US$2.2 trillion Worth of Assets by 2020

KPMG surveyed 1,500 bank clients about their awareness of and interest in digital wealth management, or robo-advisors. The firm found that while awareness of the robo advising services of popular fintechs including SigFig, Betterment, Wealthfront and FutureAdvisor (8% to 15%)

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Deutsche Bank Releases ‘Fintech 2.0’ Whitepaper, Advises Startups and Banks to Collaborate

Banks and fintech startups should collaborate rather than compete against each other, says Deutsche Bank. In a new whitepaper entitled ‘Fintech 2.0: Creating new opportunities through strategic alliance,’ Germany’s largest bank calls for “a shift in mindset from one of

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Top 10 Fintech Startups Worldwide

KPMG and H2 Ventures have released the second annual ‘Fintech 100,’ highlighting the best fintech innovators from 19 countries. The report presents the leading 50 fintech companies across the globe and 50 “emerging stars.” Among these 100 leaders, 40 come

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Fintech Startups Are More Agile And ‘Excel’ In Meeting Real Consumers’ Needs

Fintech startups are “cannibalizing banks,” attacking every single service typically provided by financial institutions ranging from lending to wealth management among many other areas. Their key strengths: they understand much better the real consumers’ needs and “excel” in meeting those

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Insufficient Technology Expertise In Bank Boardrooms, Says Accenture

Bank boardrooms dramatically lack technology expertise with only 6% of board directors and 3% of CEO of the world’s biggest banks having expertise in the field, according to a report from Accenture. At the time when banks’ major challenges are

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No Financial Services Firm Can Afford to Ignore Blockchain Technology any Longer

The blockchain has the potential to do much more than just support cryptocurrencies; in fact, Capgemini expects that the technology will “revolutionize the financial services sector… [by providing] unprecedented transaction security through cryptography.” In a new report called ‘Blockchain: A

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RegTech Solutions Will Help Firms To Automate Compliance Tasks and Reduce Operational Risks, Says Deloitte

Firms must embrace RegTech solutions as they will help them automate compliance tasks and reduce operational risks associated with meeting compliance and reporting obligations, according to a report from Deloitte Ireland. Entitled ‘RegTech Is The New FinTech, How Agile Regulatory

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ECUREX Releases 110-Page Digital Currency Report

Swiss bitcoin startup ECUREX has released an extensive 110-page report on the ongoing innovations in the financial sector brought by digital currencies. Main author is Paolo Tasca, Economist at Deutsche Bundesbank and Executive Director at Ecurex. Entitled ‘Digital Currencies: Principles, Trends,

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Swiss Fintech Study “Switzerland Needs to Seize the Fintech Opportunity”

Swiss Fintech Study by Roland Berger: Fintech will play an important role in the financial services industry. While Switzerland’s financial center offers a promising starting point for fintech companies, the country is still well behind expectations, according to this new

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