Tag "PwC"

Report: Nine out of Ten Insurers Fear Losing Part of Their Business to Startups

Annual investments in insurtech ventures have increased fivefold over the past three year, reaching a cumulative US$3.4 billion since 2010. As investment and interest in insurtech increase, insurers are feeling increasingly threatened by the new innovative ventures that are applying

Read More

Asian Financial Companies Turn to Fintech, But Headwinds Remain

Financial companies in Asia are looking to catch up with the west in using financial technology, but while adoption of fintech is expected to increase, the distrust for online banking systems and the lack of regulatory support may slow down

Read More

Startupbootcamp, PwC Report: Asia-Pacific Fintech Ecosystems Are Thriving

Fintech is booming as a growing number of innovative companies are emerging in hope to disrupt the financial services industry. Banks and traditional players are also starting to recognize the opportunities related to using cutting-edge technologies to serve their clients

Read More

20% of Financial Service Business at Risk to Fintechs by 2020

Financial technology companies are shaping the financial services industry from the outside in, and more than 20% of traditional players being at risk to fintech companies by 2020, according to a new report by PowerwaterhouseCoopers (PwC). In a new report

Read More