17min chapter

Fintech Takes cover image

S6 Ep4: The Nuances in Credit Underwriting that Most People Miss with Frank Rotman

Fintech Takes

CHAPTER

The Impact of Technology on the Financial Service and Insurance Industries

This chapter explores the potential influence of new technologies on companies' behavior and value creation in the financial service and insurance industries. It discusses the impact of advancements in technology on cost structures, job roles, and AI-driven processes. The clash of cost structures between FinTech companies and traditional banks is analyzed, as well as the potential for digital-only banking institutions to thrive in the future.

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