Explore more Categories
Artificial Intelligence involves the science and engineering of developing intelligent machines
The manufacturing world is at a cusp of a new revolution that will redefine conventional business models
IoT will have a major impact on businesses and consumers in the future
The world is creating 2.5 exabytes of data daily
Our research seeks to connect-the-dots across multiple trends
Personal Robots are Set to Be a $19 Billion Market
Strategic Analysis of BREXIT and its Implications to Industries, Economies and Societies
Time for a Digital Revolution in the Women’s Health Market
iFrost is a digital platform for interactive and dynamic reporting of data.
The TOEs are a great source of information which gives corporates critical information on companies to action for their strategic investments either as an open source platform or to collaborate and to develop successful products
Survey Results Highlight that the Perceived Benefits of IoT, AI, and Blockchain are Driving Investments in Emerging Technologies
save 10 %
* Required Fields
Pay by invoice
One of the most significant trends in the Financial services industry has been the emergence of FinTech. As technology transforms and disrupts the manner in which financial services are consumed and delivered to customers, new business models, pricing models, products, and services are emerging. Regulators have acknowledged the importance of the impact of technology on the industry, and the scope of stringent regulations is increasing to encompass the new stakeholders, offerings, and delivery models. As part of the FinTech programme, this research aims to understand how financial services companies are harnessing, or planning to harness, IoT, Blockchain, and AI to deliver business impact.It provides an IT decision-maker perspective on the use of emerging technologies in financial services and these three technologies stand out amongst the emerging technologies of today and will have an increasingly transformational impact on the financial services sector over the next few years. They have already started to have make their presence felt in interdependent and synergistic ways. Distributed computing will expedite IoT deployment. An estimated 60 billion connected devices by 2024 goes hand in hand with a need for lower latency, greater cost efficiency, falling silicon costs, and demand for processing and analytics power at the edge. The IoT also constitutes an essential source of quality, enabling data AI to address specific use cases of which there is a continually growing number across industries and value chains, from customer-facing through core operational processes to the back office. AI is expected to completely transform critical issues in the industry such as fraud detection, data security, and privacy. As customers’ expectations change, the trend is moving from a one-size-fits-all model to customized offerings. Blockchain provides secure storage and validation to ensure security and drive efficiency through automation. The study covers the status of technology in the financial services industry, prevalent trends and use cases, and the business impact that IoT, AI, and Blockchain are expected to deliver. The survey delved deep into the progress achieved by financial services companies in their digital transformation journeys. The perceived benefits that respondents expect by deploying these technologies reflect the significant changes that the companies hope to achieve. As investment trends are revealed, respondents also share their concerns and challenges in adopting IoT, AI, and Blockchain.
Key Issues Addressed
Author: Deepali Sathe
smart meter market
plastic recycling market
consumer drone market
diabetes devices market
health supplement market
electric vehicle market analysis
composite materials market
nutritional supplement market
3d printer market share
heavy truck market
Don't have an account? Create One!
Enter your Email Address here to receive a link to change password.
If you are an existing frost.com user, please register using the same email for seamless access
Already have an account? Login!
Use your Linkedin account to login or register within our store.You're just one click away.