Financial firms looking to partner with fintech

Financial firms looking to partner with fintech

Many firms are struggling to match the fast pace of technological innovation as less than half have a fintech strategy in place Failure to keep up with disruptive technologies is leading more and more financial services firms to partner with fintech start-ups, according to a new report from KPMG. Specifically, executives with banks, insurance and asset-management companies believe that technologies such as artificial intelligence, blockchain and "the Internet of things" are changing the very nature of financial services. As a result, their firms are looking to partnerships increasingly to gain a competitive advantage. Among the executives with more than […]