The adoption of new technology, which has accelerated during the COVID-19 pandemic, has significant implications for the insurance industry and its growing Millennial client base.
Financial services are an important part of the economy and play a wider role in providing liquidity and capital across the globe. But ongoing political uncertainty and the consequences of the COVID-19 crisis have deep implications for the UK’s financial services sector.
There are hundreds of data touchpoints in every transaction made by consumers – where they pay, how much they’ve paid, and what they’ve bought to name but a few. Outside of retail banking, however, this data often lays dormant and unutilised by fintechs.
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