AI, Big Data, Digitisation, Blockchain: The fintech that will dominate 2018
Global technology consultancy DataArt expects to see a handful of financial technology (fintech) trends that emerged in 2017 to strengthen significantly in 2018. In particular, the growth of Artificial Intelligence (AI) in the industry will be exponential for three main reasons; hugely increased opportunities for improved customer centricity; ability to ease the regularity reporting burden through AI enabled'RegTech'; and massively improved cyber-security and data protection. DataArt also expects to see the same growth in blockchain as firms wake up to the huge cost savings and security benefits from distributed ledger technology, and performance problems associated with original Blockchain technology start to be solved. Here are DataArt's technology predictions in full: Artificial Intelligence (AI) will be the industry game changer, but it will not come without problems as the current industry wide skills gap turns into a'war for talent'. We are seeing that war already in one of the biggest users of AI: cyber-security.
Jan-15-2018, 12:41:55 GMT
- Industry:
- Banking & Finance (1.00)
- Information Technology > Security & Privacy (1.00)
- Technology:
- Information Technology
- Artificial Intelligence (1.00)
- Data Science > Data Mining
- Big Data (0.42)
- Security & Privacy (1.00)
- e-Commerce > Financial Technology (1.00)
- Information Technology