There’s a new dawn breaking in finance. That’s the hope that’s fuelling the groundswell of interest in financial technology, with companies being founded almost daily that aim to overhaul the way financial institutions and their clients operate.
Perhaps with an eye to how other sectors have been shaken to their foundations by technology, big financial firms are taking a closer look at these upstarts, increasingly turning to start-ups to resolve regulatory requirements, security concerns, big data conundrums and rapidly changing customer demands.