Trends in Tech: February 2019

A look at how technology is transforming Financial Services and the consumer journey.

Highlights

• Fintech companies raised a record 39.6 billion in 2018. Fintechs have emerged globally across all sectors of finance including lending, banking and wealth management.
• Fintech in India – Powering a digital economy. NASSCOM Report Sept 2018.
• 4 AI Use Cases in Fintech in 2018 according to PwC and Gartner. According to Gartner, by the end of 2020, 20% of citizens in developed nations will use AI for everyday operational tasks.
• Machine learning in finance: Why, what & how. Machine learning in finance may work magic.
• The importance of Big Data Analytics in the Banking and Financial Services Industry. There are several use cases in which Big Data Analytics has contributed significantly to ensure the effective use of data.
• 4 ways IoT Changes the Financial Services Industry. The financial services industry is now among the top 10 sectors investing in IoT solutions.
• The financial industry is using fintech, the cloud, and more IT services to win over banking customers and push their industry forward.
• 5 blockchain technology use cases in financial services.

Read more here.