Financial Services | Gellify

Financial Services

The financial services sector is being turned on its head by digital disruption: new consumer habits, technology changing at lightning speed in areas like AI/ML, Blockchain, Cloud, and global industry convence.

Companies must invest now or risk falling behind.

The future leaders will be those who can optimize costs with a growth strategy based in innovation, evolving their business model by investing in emerging technologies and by using digital to integrate new partners and channels.

Among those players are fintechs and insurtechs. These new kids on the block are gaining market share by improving user experience for consumers who expect banks to be as easy as Instagram. However, they can also benefit big brands by partnering to accelerate their transformation. These circumstances will reveal a new, open way of doing business and fulfilling clients’ new needs. The key to being effective in this environment is partnership with other entities – whether fintech, insurtech, or their very clients – which can help diversify one’s offerings and distribution channels.

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