Technology Magazine August 2017 | Page 20

FINTECH
increase their own internal efforts to innovate , this may not actually be enough to get the job done . Therefore , it should come as no surprise that 82 % of those who responded said that they actually expect to significantly increase their FinTech partnerships at some point in the next three to five years alone .
Convergence through emerging technologies In many ways , the goals of both FinTech companies and seasoned financial professionals are the same . They want to provide a renewed experience for their customers . Financial services incumbents , both through the aforementioned partnerships and through a market-driven sense of internal innovation , are therefore in a better position to quickly respond to the ever-changing environment and regulations in order to ultimately provide that better experience their customers both seek and deserve . A large part of this has come about through a refocusing of which technological areas companies will be investing in over the next 12 months . According to the report ,
20 August 2017