Bracing for seven critical changes as fintech matures

As fintech progresses beyond its initial stages, McKinsey sees a widening of scope of application to more than 30 different service areas, including outside of finance alone to encompass auxiliary services. While a range of business models have emerged, consolidation has emerged and is set to continue. Furthermore, collaboration between fintech startups and established brands will also increase as the former look to build scale while the latter seek to build a distinctive digital presence…

http://www.mckinsey.com/industries/financial-services/our-insights/bracing-for-seven-critical-changes-as-fintech-matures

Thomas Marshall, FinTech Lead, Accenture will be speaking on the “New Business Models and Organizational Transformation in Financial Services” panel at the Frontiers of Digital Finance on October 2.