Efma news stories
Insurance market undergoing huge digital disruption
“As traditional insurers expand their ecosystems to remain competitive, they must increasingly consider the value achievable through trusted partners, including BigTechs, InsurTechs and non-traditional players."
Traditional banks under pressure to rise to fintech competition
"There is no one-size-fits-all approach, and banks cannot create all digital subsidiaries equally. Players capable of achieving long-term growth and profitability today will be tomorrow's fintech-era success stories."
Fintechs continuing to drive customer centricity - report
“Fintech firms are finding success with a customer-centric focus that fills in gaps left by traditional firms."
Open banking - Australia, behind the eight ball, report says
Many understand that Open Banking is the new normal, but they are still unclear about how to proceed.