Fintech is growing at an astronomical rate. According to Bloomberg, more than $8 Billion has been raised in Fintech so far in 2017. Also, 5 companies have already joined the “Unicorn” status with values over $1 Billion. We have compiled a list of best Fintech reports for 2017, from some of the leading names in the industry.
1. Capgemini – The World Fintech Report 2017
Traditional Financial Services firms acknowledge the impact of Fintech on the shifting industry landscape and are confident of their innovation strategy, but they are struggling in successfully applying innovative Fintech-like capabilities to achieve tangible results. Capgemini explores some of these key issues in its World Fintech Report.
2. PwC – Global Fintech Report 2017
According to PwC, Fintech and Financial Services are competing less and coming together. PwC explores the Fintech’s growing influence on Financial Services in its Global Fintech report.
3. EY – Fintech Adoption Index
EY states that Fintech has reached a tipping point.In its report, EY surveys more than 22,000 digitally active consumers which highlight the impressive and rapid growth in adoption and the variations among 20 different mature and developing markets.
4. KPMG – The Pulse of Fintech Q1 2017 | The Pulse of Fintech Q2 2017
In these reports, KPMG explores global trends and deal activity within Fintech industry including how the recent adoption of the Payment Services Directive (PSD2) is driving the Fintech activity in Europe.
5. CBInsights – Global Fintech Report Q1 2017 | Global Fintech Report Q2 2017
A comprehensive Fintech report by CBInsights which includes data-driven look at global financial technology investment trends, top deals, active investors, and corporate activity that took place in 2017.
6. Deloitte – Digital transformation in financial services
Deloitte’s new study reveals that to become fully digital enterprises, many Financial Services firms may need to shift the focus inward and innovate the employee experience.
7. StartupBootcamp – The State of Fintech in 2017
This report draws out parallels seen between general technology trends on a macro scale and correlates them to the impact on Fintech.
1. PwC – Global Insurtech Report 2017
This report is based on the responses of 189 senior Insurance Sector executives from 40 countries who participated in PwC’s Global FinTech Survey 2017.
2. Capgemini – Top Ten Trends in Insurance 2017
This report explores the two driving forces behind the insurance industry; Connected technologies and data analysis.
3. Accenture – The Rise of Insurtech
A wave of startup-driven innovation is putting insurers’ approaches to innovation and technology under the spotlight, highlighting the challenges these traditional companies often face.
4. EY – Global Insurance M&A themes 2017
The increase in large deal activity could be interpreted as a sign that insurers have decided to get on with addressing their strategic priorities, despite ongoing global uncertainty. EY explores the shift in the insurance industry and adoption of Insurtech.
1. Capgemini – Top Ten Trends in Banking 2017
This report aims to understand and analyze the trends in the banking industry that are expected to drive the dynamics of the banking ecosystem in the near future.
2. Accenture – Banking Technology Vision 2017
This report highlights the five trends identified in the Accenture 2017 Technology Vision that underscore the importance of focusing on “Technology for People” to achieve digital success.
1. Capgemini – World Payments Report 2017
Get a preview into the Global Payments Landscape in 2017.
2. Nordea – Future of Payments
Get insights from customers, partners and experts from Nordea, PwC, SWIFT, SAP and FIS.
Artificial Intelligence and Blockchain Reports:
1. CoinDesk – The State of Blockchain (Q1 2017)
This report includes the activities, speculations and trends in cryptocurrencies like Bitcoin, Ethereum, etc. and the Initial Coin Offering (ICO) ‘Gold rush’.
2. McKinsey – Artificial Intelligence, The Next Digital Frontier
In this independent discussion paper, McKinsey experts examine the investment in artificial intelligence (AI), describe how it is being deployed by companies that have started to use these technologies across sectors, and aim to explore its potential to become a major business disrupter.
This is certainly not an exhaustive list in itself, so feel free to suggest any Fintech reports, which are easily accessible, that you feel should be included above. You can also check out our post on the Top 20 Fintech Blogs to follow in 2017 and some of the Best Fintech Events and Conferences in 2017.
Neeraj is a Digital Marketer who has worked with startups belonging to various industries. He has also managed a digital agency in the past. He was born and brought up in India and has an educational background in Polymer Engineering. You can connect with him on Twitter here @NeerajT4.