FinTech in the Age of Attacker: Expert perspectives on FinTech in Asia
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REPORT PREVIOUSLY PUBLISHED BY OLIVER WYMAN
This compendium was prepared for a special Fintech event by Fintegrate Zone 2019, in collaboration between Oliver Wyman and BRINK/Marsh & McLennan Insights.
The articles contained in this publication are selected based on relevant Digital and Fintech themes considering the event audience. It covers three main aspects related to incumbent banks including strategies for dealing with Digital attackers, optimally leveraging Technology and recognizing evolution of Fintech.
We are entering an age of “digital attackers,” those who are challenging the existing paradigms of how financial institutions remain relevant in our lives. The concept of ’ambient finance’ brings financial transactions to life via seamless customer experience.
In the race to hold customer touch points across digital ecosystems, fintechs are well-positioned to dominate customer access. Interestingly, financial institutions and fintech firms are seeking collaboration opportunities to innovate new products or solutions via sustainable partnerships.