North America

The insurance sector has entered a phase of profound transformation.

There is no consensus on the level of tech innovation in the international or cross-border money transfer and payments industry.

Effective risk assessment is at the core of the lending business.

GSMA reports that in 2016, mobile technologies and services generated 5.2% of GDP in the APAC region, which translated into a contribution of $1.3 trillion of economic value.

One of the most aggressive and swollen financial industry segments is investment banking.

A 2015 research report on the smartphone industry in the US states that 64% or two-thirds of Americans have a smartphone. This is indeed a 35% rise in the past four years.

InsurTech is becoming a hot topic and sector for bright entrepreneurs to develop disruptive solutions.

The PSD2 (Revised Payment Service Directive) – going to be implemented across SEPA (Single Euro Payments Zone) in 2018 – will bring about many changes to how financial services are delivered to customers.

Neobanks and challenger banks raised more than $300M of investments in the last year.

FinTech is free from the regulatory burden the banks have to carry, which is why bright entrepreneurs could consolidate so much financial power internationally.

A look at the biggest social media giant of all-time – Facebook. The company has had big plans for its Messenger App, and professionals across industries started paying closer attention to the ever-expanding commercial capabilities of a former chat app.

‍Most tech companies look for the broadest audience possible, yet mobile payments seem to aim for a sliver of the market and then aim even smaller by the time the app goes into production.