Fintech News Issue #193

Fintech News Issue #193

December 6th, 11 am ET: Can AI be the solution for hyper-personalized claims experience at scale? Join Chubb and Farmers Insurance in the live webinar “Humanising Insurance Claims with Artificial Intelligence” discussing how AI is transforming claims from a necessary back-office function into a source of competitive advantage.

The Asian Financial Forum (AFF) brings together the global financial and business community to discuss developments and trends in the markets of Asia. AFF 2018 attracted more than 3,000 participants. During the AFF Deal Flow Matchmaking Session, one-on-one meetings are arranged between sources of funds and sources of deals.

Future Digital Finance brings together some of the brightest minds at American’s most innovative financial institutions. Our content will give you the actionable strategies you need to meet changing consumer expectations and to create meaningful long term relationships with your customers. Innovation doesn’t happen overnight. Get started on the future of finance today!

Will digital transformation make you an ex-banker? Predictions of a banking apocalypse by Gartner find more agreement than disagreement regarding direction, among experts. The firm’s suggestions for survival, via ‘platformication,’ sets the stage for a lively debate about what’s really possible and what American consumers truly want out of a ‘bank.’

The scope and speed of evolution in regulation, customer behavior and technology – coupled with the emergence of new competitors – mean that the future of banking will not be a continuation of the past. New technologies will transform banking as we know it, providing both opportunities and challenges for financial institutions.

In a move that’s rare among its peers, the $223 billion-asset BB&T also provided a close look at its tech budget. This year, BB&T expects to spend $1 billion on technology, with the bulk of those costs going toward infrastructure such as data centers, and 20% going toward innovation, such as investments in fintech startups.

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