Rapidly advancing technologies, evolving customer expectations and a changing regulatory landscape are opening doors to disruptive innovation in financial services. From crypto-currencies to big data to peer-to-peer lending, financial technologies (FinTechs) innovations have captured the attention and imagination of customers, investors and incumbents.
Disruptive innovation is here to stay, creating clear threats to the traditional structure of the financial world, but also opportunities for positive change and growth. The challenge: the traditional financial services industry is struggling to understand which innovations will be the most relevant, as well as figuring out the evolutionary path of emerging innovations and the specific implications of those evolutions on existing institutions.
CPO Innovation LinkedIn Chats are conversations with prominent social media commentators on current issues in supply chain, procurement, logistics, technology and corporate finance. Questions are posed to seed the discussion among them and other attendees of the chat.
Following are some highlights of this week’s LinkedIn Chat (04 September, 2020) on the challenges that digital technologies and upstart “fintech” emerging financial services players with new business models are creating for traditional firms.
We would like to thank all our expert guests for their valuable insights and those who joined us for this exclusive LinkedIn Chat.
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