Fintechs finally prove worthy contenders to banks and insurers
The UK’s largest fintech event representing the full eco-system of industry sees banks embracing and partnering their technology
Fintechs - once a thorn in the side of global financial organisations - have proven their worth across the world of finance, as major banks are now adopting their agile and user-friendly platforms. A major event in London on 6 and 7 December will host the entire eco system around fintech - where all the progress the industry has made will be showcased and celebrated.
From market agitators to worthy global contenders
The majority of global financial services companies plan to increase fintech partnerships as 88% express concern they will lose revenue to innovators, according to a new PwC global report, “Redrawing the lines: FinTech’s growing influence on Financial Services”. A large majority of global banks, insurers and investment managers intend to increase their partnerships with FinTech companies over the next 3 - 5 years and expect an average return on investment of 20% on their innovation projects.
FinTech Connect Live, the UK’s largest and best-attended fintech event by audience numbers, exhibitors and speakers takes place on 6 and 7 December at ExCeL London, where the full ecosystem of the industry will be represented. Hosting more than 3000 delegates from 50 countries and 200 exhibitors, while featuring 250 speakers across 5 major conferences, FinTech Connect Live covers all of the major trends, innovations and challenges affecting financial services businesses and their customers.
Every sector of FinTech represented
Showcasing startups, fast growth SMEs, incumbent financial institutions, government agencies, the investment community, blue chip technology providers, professional services, accelerators, incubators and regulatory authorities, all key sectors will be covered through in-depth presentations and panel discussions.
The two-day conference programme is broken down into five main conferences: FinTech Live (covering the fall-out of BREXIT and its impending impact on UK fintech, PSD2 and open banking, alt-fi, artificial intelligence, blockchain and future trends), InsurTech Live, PayTech Live, Cloud Finance Live and the FinTech Founders Forum, with keynote sessions covering major market drivers and inhibitors before the agenda breaks into a series of micro-conferences.
Steve Clarke, founder of FinTech Connect Live, now in its third year, commented: “Financial institutions and fintechs face a number of challenges currently, but as is often the case, they create opportunities, and the most innovative businesses will prosper. The impending PSD2 and GDPR legislation will see financial institutions forced to rethink management of customer data while at the same time providing a tremendous opportunity to new market entrants. The extent of Brexit’s impact on issues such as funding, talent management and trade is still unknown and these are all key subjects we will explore. With thought leaders covering every aspect of fintech we expect the event to be a hothouse of ideas, networking and business.”
Taking place in London on Wednesday 6 and Thursday 7 December. beinsured.pl is a media partner of the event.