7 Technologies Disrupting the Financial Industry

7 Technologies Disrupting the Financial Industry

The financial industry has changed exponentially over the past decade-and continues to change. In only a few taps on a cell phone, purchases that were once only available by personal visits to financial institutions can now be done. If you have had to hand over a cash or check to pay your bills directly in the past, you can now electronically move money, whether to a relative or a business.

Yet the concentrated effort of the industry has failed to put those changes into effect. The finance sector was forced to respond and adjust to today's digital era, thanks to technological developments that changed the way the world works. Unfortunately, only 12 per cent of financial services firms are mature in their digital transformation to date.

7 Technologies Disrupting the Financial Industry

infographic by: prototype.net

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