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2017 Financial Services Trends

by Strategy& on Jul 29, 2018 11:00:00 AM

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The rise of digital technology has dramatically altered the landscape in the financial-services sector. Banks offer financial planning and trading applications through smartphones and social media; cloud technologies are widely accepted, and in many cases robotics are already reducing cost and increasing quality. Since 2011, the number of startups in fintech (technology-based companies that often compete against traditional financial-services, or FS, firms) has risen more than 50 percent.