EditorialEmerging disruptions in Fintech The evolution of the FinTech industry has transformed the ways businesses operate. A paradigm shift from traditional banking to FinTech has translated into a whirlwind of transformations, ranging from upgraded infrastructure to enhanced reliability. Powered by numerous innovations, the FinTech industry has been riding high and witnessing a continuous boom. The FinTech industry is racing rapidly in terms of technological advancements like Artificial Intelligence (AI), the Blockchain and the IoT being key drivers for the growth. Also, emerging markets are keeping their best foot forward for developing simple yet smart financial solutions on a remarkable scale. With an unwavering growth trajectory in the upcoming years, Fintech is expected to witness a few exceptional trends in the next year. Fintech will be venturing into the applications of voice search and conversational banking. With advancements made in AI, and natural language processing, banks and financial institutions have tremendous opportunities for catering to their tech-savvy end customer base. Moreover, Businesses in the BFSI sector have already triggered a surge in pioneering technologies like NLP-infused Chatbots. Advanced versions are being designed to enable end-users to perform numerous functions like logging into their profiles, initiating transactions, analyze spending patterns, reviewing balances, accessing transaction history through operations that seem regular conversations. From a security standpoint, transactions in banks and financial institutions are still significantly prone to numerous threats and attacks. The rising vulnerability of financial transactions to various types of cyber-attacks has positioned security onto a highly-significant spot for financial services. Technologies like Blockchain--owing to its inbuilt features like auditability, decentralization, traceability, transparency, and most importantly it is a highly secure, real-time network ­ have already emerged and will continue to be the most sought-after ones in the near future. As these emergent trends shape the next paradigm of the Fintech landscape, this edition of CIO Applications Europe magazine will be highlighting the names of the some of the major industry players who stand tall and firm amidst the upcoming disruptions of the financial space. This edition also blends thought leadership from subject matter experts, including exclusive insights from CIOs and CXOs.Let us know your thoughts! Joe PhillipManaging Editoreditor@cioapplicationseurope.comJoe PhillipCopyright © 2019 ValleyMedia, Inc. All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher thereof.Editorial StaffBen Jackson Ezra BenjaminJames SmithLora OakesSenior WritersLeah JaneClara MathewRoyce D'SouzaSalesAnnie Mathewsannie.mathews@cioapplicationseurope.com510.996.5125Graphics & ArtDeclan ColeManaging EditorJoe Phillip*Some of the Insights are based on the interviews with respective CIOs and CXOs to our editorial staffContact Us:Phone: 510.996.5125Email:sales@cioapplicationseurope.comeditor@cioapplicationseurope.commarketing@cioapplicationseurope.comJUNE - 03, 2019, Vol 03 - Issue 13 Published by ValleyMedia, Inc.To subscribe to CIO ApplicationsEuropeVisit www.cioapplicationseurope.com Ronald Donovan
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