FINANCIAL SERVICES X INNOVATION = NEW FUTURE TRENDS IN FINANCE AND FINTECH OF NOTE

Financial services futurist keynote speakers say future trends in finance look reflect a world that is evolving rapidly, shaped by emerging technologies, changing consumer behaviors, and a push towards more sustainable and ethical models. A host of new and cutting-edge emerging future trends in finance and disruptive forces will define the top trends that are likely to transform the field over the next 5-10 years.

Digitization will accelerate with financial institutions embracing cloud computing, open banking APIs, blockchain, and process automation to offer hyper-personalized digital products and services. Virtually every finance function from lending to payments to investments will be delivered through apps and online platforms. Physical bank branches will decline as human-AI hybrid models and self-service channels take over customer engagement.

The use of big data analytics and AI will become pervasive to improve risk modelling, predict fraud, enable automated advisory, and provide real-time market insights. Chatbots and robo-advisors will become the first line of customer interaction. AI and machine learning will also enable hyper-targeted marketing and customized product recommendations.

Sustainability considerations around environment, social impact, and governance will influence mainstream finance. Greener financing options will proliferate including green loans, ESG investments, and sustainability-linked products. Impact investing and social financing platforms will connect investors to community projects. More stringent regulation and reporting will enforce responsible financing.

Embedded finance or intersecting financial services with non-financial platforms will emerge as a key trend. With open banking and APIs, financial tools can be seamlessly integrated with eCommerce, social media, mobility, telcos etc. to deliver innovative products riding on existing consumer bases.

Challenger banks and fintech partnerships will disrupt established players across lending, payments, and wealth management. New business models like Banking-as-a-Service, neobanks, digital wallets, and online capital market platforms will redefine the financial services landscape driving the democratization of finance.

While technological transformation will bolster efficiency, security, transparency and personalization of financial services, the focus will still revolve around building customer trust and loyalty by putting their interests first.