‹ PwC Global FinTech Report Emerging FinTech trends on the radar 2 To help industry players navigate the changes in the banking, The methodology is based on DeNovo’s insights of fund transfer and payments, insurance, and asset and wealth emerging FinTech trends for each financial segment management sectors, we have identified the main emerging (see Summaries of trends in the Appendix). Industry trends that will be most significant in the next five years in each leaders assessed which trends in their segment will be area of the FS industry. important for their business over the next five years and Overall, the key trends will enhance customer experience, indicated their likelihood to respond to each of them. self-directed services, sophisticated data analytics and The trends in the upper right quadrant of the chart reflect cybersecurity. However, the focus will differ from one FS those that Financial institutions are prioritising for each segment to another. FS sector. For each segment, a bubble chart benchmarks the trends Asset & wealth Banking according to three indicators. The vertical axis of the management graph displays the level of importance. On the horizontal axis, the likelihood to respond to these trends (e.g. allocate resources, invest) is given, and the size of the bubbles is proportional to the number of related FinTech companies associated with the trend (see Figures 6, 7, 8 and 9). Fund transfer Insurance & payments