FinTech

In 2017, we are seeing financial services disappear into day-to-day life as banking becomes more seamless. Much of this trend is driven by large tech firms, like Amazon and Google, whose technology is likely to reshape banking with self-service kiosks, video conferencing, and other services. This transition raises many questions. Will banks be able to integrate with these platforms in a way that is compliant? How will these new partnerships affect legacy core technology that has been around for decades, but that cannot keep up with the on-demand pressures of today’s marketplace? A lot of traditional financial companies are looking at tech as the answer to these questions and as a way to get ahead of the competition. Platforms that do not have payments as a core service are increasingly turning to fintech companies to manage the complexity of global payments. In turn, fintech companies are looking for ways to scale their back-end operations. The way we connect with our banking and finances is evolving at lightning speed, and we are at the cusp of seeing how these connections will be made.

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Robert Wilkinson

Fellow, Avasant and CEO, Cyber Marathon Solutions
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Cyber Marathon Solutions is a strategic operational risk management firm, focusing on advising, building and enhancing cyber security and third party risk management programs. As CEO and Founder, Robert Wilkinson provides clients across mul...

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