Beyond Automated Advice: How FinTech is shaping asset & wealth management
The 2016 PwC Global FinTech Survey gathered the views of 544 respondents from 46 countries, principally Chief Executive Officers (CEOs), Heads of Innovation, Chief Information Officers (CIOs) and top management involved in digital and technological transformation, distributed among five regions. The asset and wealth management-focused cut is based on the responses of 163 respondents from the asset and wealth management sector around the globe.
20% of Europeans would bank with Google, Facebook or Amazon
According to the 7,000 consumers who took part in the survey, digital plays an increasingly prominent part in their banking interactions, with more than a third (37%) threatening to leave their provider if they don’t offer up-to-date technology. While traditional payments still remain popular – 44% of consumers still use cash to pay daily – new digital payment methods are coming to the fore. Consumers are showing they are open to innovative services to make their lives easier, with 32% already embracing mobile device payments, while 22% have adopted wearable technologies and 20% crypto-currencies, the latter driven by Eastern Europe usage where 44% say they use the technology.
ING International Survey: The rise of mobile banking and the changing face of payments in the digital age
The ING International Survey aims to gain a better understanding of how retail customers â and potential customers â of ING Bank around the globe spend, save, invest and feel about money.