€ PwC Global FinTech Report The epicentre of disruption 1 New digital technologies are in the process of reshaping the value proposition of existing financial products and services. While we should not underestimate the capacity of incumbents to assimilate innovative ideas, the disruption of the financial sector is clearly underway. And consumer banking and payments, already on the disruption radar, will be the most exposed in the near future, followed by insurance and asset management. “We thought we knew our customers, but FinTechs really know our customers.” Up to 28% Banking A senior executive at a global banking organisation. of business and at risk by Payments 2020 Up to 22% Insurance, of business Asset Management at risk by and Wealth 2020 Management