The time that banking and insurance services were the exclusive domain of the financial services sector and vice-versa that banks and insurers were only focusing on pure banking and insurance services (like payments, cards, investments, credits and life and non-life insurance products) is long gone. With customers becoming more and more demanding for end-to-end user journeys, where financial services are an integral part of, we see the rise of cross-sector ecosystems , i.e. On the one hand we have financial service companies building services of adjacent sectors or partnering with start-ups and scale-ups of adjacent sectors and integrating them in their platforms On the other hand, players from other sectors are embedding more and more financial services in their products, allowing to offer the best possible user experience. Most known examples are large retailers (supermarkets) offering all kinds of fin...
A weekly blog with articles on the future of financial services sector and more particular specifically Fintech, but also on topics, like IT and digitalization and its impact on the world (like e.g. mobility). #fintech #bankingsector #innovation #bankingtechnology