Fintech and Insurtech are disrupting traditional financial services and insurance companies. They have evolved from startups offering insurance, lending, and retail-payment services to large mainstream organizations, growing at breakneck speed.
Knowledge is power, and the industry is attempting to harness massive volumes of proprietary and third-party data through investment in analytics. Such tools will bring innovative products to market faster than ever.
Keeping track of the global regulatory environment is no easy feat, and ensuring compliance consumes considerable resources. C-suite leaders are challenged, whether it’s managing tighter capital and liquidity requirements or predicting the future of Dodd-Frank.
Cyber attacks are increasingly sophisticated, prompting greater attention by regulators and forcing stricter privacy legislation. The spectacular growth of digital technologies amplifies the need to stay one step ahead of highly determined cyber criminals.