[Skip to content]

Sign up for our daily newsletter
The Actuary The magazine of the Institute & Faculty of Actuaries
s
.

FinTech revenues to soar over next five years

Financial technology platforms will see their revenues soar from around $263bn (£231bn) in 2019 to $638bn by 2024 as customers become more accepting of artificial intelligence (AI).


22 MAY 2019 | CHRIS SEEKINGS
web_fintech_iStock-852000540.png
FinTech to become the “new normal” ©iStock


Smart contracts, loan underwriting using AI to analysis non-traditional data, and personalised insurance based on the internet of things (IoT) are all set to become mainstream.


Read the full article on our Predictions site here. 

Sign up to our free newsletter here and receive a weekly roundup of news concerning the actuarial profession