10 Predictions for 2017

10 Predictions for 2017

Chris Skinner

Chairman at The Financial Services Club

Views 297

10 Predictions for 2017

03.01.2017 11:45 am

There are lots of predictions being made for 2017.  After all, it’s that time of year.  So, having reviewed whether mine were right or wrong at the end of 2016, my first blog for 2017 is to make 10 predictions for 2017.

Rather than making this a long and detailed blog update, it’s just 10 headlines we can expect to see this year.   Here you go:

  1. The FinTech buzz continues, but not in the USA (look East)
  2. Ant Financial gets global applause (these guys aren’t staying in China)
  3. A FinTech unicorn stumbles (this market is still nascent)
  4. RegTech moves deeper into bank infrastructure (and demands real-time access)
  5. Regulators compete to innovate more (2016 bubbled, 2017 steams)
  6. A major global bank gets broken into pieces (systemically important with systemic issues)
  7. SWIFT gets hacked again (how many times can this happen?)
  8. A blockchain proof of concept goes mainstream (how long can we test the technology?)
  9. Banks get chatty (chatbots are all the rage)
  10. Machine learning and artificial intelligence are all the rage (related to above, but data wars begin)

Latest blogs

Nish Kotecha Finboot and Bryan Foss, NED, Visiting Professor at Bristol Business School and member of the FRC Audit & Assurance Council

How Listed Companies Can Use Blockchain to Prevent Auditing and Reporting Malpractice and Avoid Scandal

Not too long ago, there was very little to link Wirecard, the disgraced payments platform in Aschheim, Germany, with Boohoo, the fast-fashion online retailer in Leicester, England, but both have recently been embroiled in high-profile scandals. Read more »

Leon Muis Yolt Technology Services

The Time for Financial Services to Become Truly Digital is Now

The financial services industry looks set to change dramatically over the next couple of years in response to COVID-19. The pandemic has certainly highlighted some inefficiencies and weak spots in current processes for many businesses, such as those Read more »

Granville Turner Turner Little

The Lockdown Money Revolution

Many Brits have found that lockdown has been beneficial for their money, having cut back on personal spending and managing to put away some extra cash. According to eToro, Brits with unspent discretionary income are set to accumulate £75.5bn in Read more »

Sandra Higgins Sysnet Global Solutions

Are You ‘Prescribing’ the Right Security Solution to Your Merchants?

When it comes to leading a healthy lifestyle, eating the right food, taking regular exercise, and maintaining a positive mindset are key. However, despite these best intentions and practices, you still might not get all the nutrients your body needs Read more »

Robert Flowers DivideBuy

It Doesn’t Have to Be the End – How Retailers Can Grow in Light of COVID-19

It’s no news that the retail industry has been flipped on its head by the COVID-19 pandemic. Due to the lockdown, most in-store operations have been shut down, and nationwide furloughs, reduced pay and steady streams of income at risk have fuelled a Read more »

Related Blogs

Christopher Vogt BillFront

MWC Predictions: 5G, B2B Fintech & M&As To Top The Agenda This Year

Ahead of the start of Mobile World Congress (MWC) on Monday 27th February, please find three predictions from Christopher Vogt, co-founder and Managing Director of BillFront, on what this year’s biggest trends will be: 1. 5G will be top of the Read more »

Magazine
ALL
Free Newsletter Sign-up
+44 (0) 208 819 32 53 +44 (0) 173 261 71 47
Download Our Mobile App
Financial It Youtube channel