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Oct 2016 - Business Strategy - Doc # US40137916

Business Strategy: FinovateFall 2016 — Cognitive, Bots, and Authentication Are the Next Wave of FinTech Innovation

By: Marc DeCastroResearch Director, Consumer Banking

Abstract

This IDC Financial Insights report discusses FinovateFall 2016, with a focus on the companies whose solutions are geared toward retail banking products and services. FinovateFall is a great way to get a glimpse into solutions that are beyond the incubator stage and are available for release.

"FinovateFall continues to be an impressive display of what is up and coming within the banking industry," says Marc DeCastro, research director for Consumer Banking Engagement Strategies at IDC Financial Insights. "This year, the focus was on improving the customer onboarding, security, and authentication process utilizing next-generation biometric and cognitive technology. These advances in technology not only improve the customer experience but also will fuel the next wave of investment into both digital and physical financial service offerings."


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