Jan 21, 2025 · Technological innovation is combining to create a new financial ecosystem: the finternet. A new report has identified four key trends driving the evolution of this new finance landscape. Exploring how they are practically deployed in terms of accessibility, trust and regulation will be key to the finternet's development.

Feb 4, 2020 · The study, supported by EY and Invesco, demonstrates that AI is changing how financial institutions generate and utilize insights from data, which in turn propels new forms of business model innovation, reshapes competitive environments and workforces, engenders new risk dynamics and poses novel challenges to firms and policy-makers alike.

Jul 4, 2024 · These real-world examples underscore the transformative potential of data-driven innovation within the financial services sector. By leveraging their data and AI, financial institutions can effectively navigate regulatory complexities, drive cutting-edge financial innovation and tackle climate change, social inequality and the other big issues ...

Aug 6, 2024 · Changing consumer preferences and policymakers’ efforts for more flexible, transparent and fair pricing structures have already spurred innovation in financial institutions’ business models. In the US, close to 9 in 10 households prefer fee-based advice, shunning commission-driven financial consulting.

Jan 23, 2025 · Financial market infrastructures (FMI) have long played a critical role in protecting the safety and stability of the global financial system. They serve as trusted stewards to the industry, operating behind the scenes to ensure that trillions of dollars in financial transactions are risk-managed and efficiently processed daily.

Jan 10, 2024 · In 2023, the world entered into an era of global boiling – and the long term impacts of rising temperatures on the global financial system are likely to be profound. The insurance industry is struggling to adapt to a new normal. Prior to …

Jan 18, 2024 · With global fintechs reporting customer growth rates averaging above 50%, the report delves into an expanding industry characterized by innovation and regulatory complexities. Research findings are based on a global survey of over 200 fintech companies across five retail-facing industry verticals and six regions.

Sep 10, 2020 · What changes in financial services, then, can we expect in the near term, and how might businesses and individuals benefit? This is a core area of exploration in a newly launched report by the World Economic Forum, in collaboration with Deloitte: Forging New Pathways: The Next Evolution of Innovation in Financial Services. The report draws on ...

Jan 10, 2024 · The synergy of these two powerful forces, abbreviated to AQ, will reshape the financial landscape and raise the bar for innovation and security. Institutional investors holding shares in financial institutions increasingly demand reduced risk and greater growth from their portfolio – leveraging quantum and AI technologies is key to unlocking ...

Aug 25, 2014 · The World Economic Forum is an independent international organization committed to improving the state of the world by engaging business, political, academic and other leaders of society to shape global, regional and industry agendas. Incorporated as a not-for-profit foundation in 1971, and headquartered in Geneva, Switzerland, the Forum is tied to no …