The rise in money management apps suggests that FinTech will boost consumer financial capability. Will it help people on lower incomes, who are more likely to experience financial exclusion?
From mutual distributed ledgers to peer-to-peer lending platforms, and from mobile payments to robo-advisory services, technology is set to revolutionise finance just as it has upended other industries. In partnership with Grant Thornton, we will explore whether these ‘fintech’ developments herald a revolution in customer services, cost-efficiencies and a more socially and economically purposeful financial service industry, or whether they will simply amplify existing faults and frailties.
Over the coming months we will capture the main trends occurring across the fintech market, before delving more deeply into the issues and technologies that show the greatest potential for change.
Find out more about the Big Bang 2 project