The Financial Industry Needs to Start Planning for the Next 50 Years, Not the Next Five

Legacy institutions could see their profits cut in half if they fail to evolve digitally. [Read More]

Summary… * Machine-Made


The financial services industry, a traditional laggard in technology adoption, is just now entering the digital phase.
The Future of Financial ServicesThe financial services industry, a traditional laggard in technology adoption, is just now entering the digital phase.
It may not be a popular platform to adopt in the boardroom, but it’s imperative for the future of financial services firms.
The true differentiator in financial services will come from having the vision and ability to execute change in this new landscape.
The financial services industry is still in the early stages of digital transformation.

Opinion… * Man-Made


The current #Innovation model in the finance sector is designed to generate the highest possible short-term returns. But investors and entrepreneurs in financial services will need to rethink those timelines. #Trend

Source: Harvard Business Review