Efma stories
Half of insurance customers in the UK are considering coverage from digital players, forcing traditional insurers to seek partnerships for survival.
Traditional banks are investing in digital-only subsidiaries as fintech firms become more profitable, according to the World FinTech Report 2021.
The rise of fintechs is leading to collaboration with traditional financial firms, according to the World Fintech Report 2018.
Australia lags in the global open banking trend, risking customer disengagement, warns a Capgemini-Efma report.
