5 Emerging Trends in the Financial Sector

5 Emerging Trends in the Financial Sector

The financial sector is experiencing a change due to technological advancements, and this article explores five emerging trends: data analytics, digitization, security, mobility, and regulatory challenges. These trends bring along various challenges for banks and other financial institutions, such as efficient customer service and maintaining a secure environment. The author suggests that the crowd can help address these issues through their unique experiences involving these technologies. For example, crowdsourcing can assist financial institutions in understanding customer behavior, prioritizing digital efforts, and staying current with cybersecurity. The article concludes by proposing that leveraging crowdsourcing can help overcome these challenges across industries.

View

More Innovation Resources:

Business development vs innovation: What’s the difference?

Learn the difference between innovation and business development, and how they are interrelated in driving sustainable productivity and growth.

View

Finding flow with the little red bus

Discover the power of a little red bus in staying focused and achieving flow during team meetings.

View
Idea Theft: What you need to know and how to prevent it

Idea Theft: What you need to know and how to prevent it

Learn how to prevent idea theft in your workplace by understanding the factors that trigger it and implementing action points to promote collaboration and prevent chaos.

View