Sector report: Finance
Companies from all areas within the financial services – including banks, insurance, payment processing services and wealth managers – are all encountering challenges and opportunities from the rapidly evolving fintech ecosystem. They are in a process of transformation into more digitised, customer-focused and flexible businesses.
After the global financial meltdown in 2008, the financial industry has been living in a low-interest-rate environment. This has been reinforced by the covid-19 pandemic, which brought about even greater monetary intervention. Interest rates are…
