The data displays the answers to a survey question on the opinion of CEOs on FinTech possibilities in the financial sector in Luxembourg in 2016. In 2016, approx. 25% of the CEOs responding to the survey believed FinTech could improve customer retention.
Expand products and services | 54 |
Reduce headcount costs | 54 |
Leverage existing data and analytics | 46 |
Differentiate | 35 |
Increase customer base | 35 |
Respond to competition faster | 35 |
Improve customer retention | 23 |
Decrease IT infrastructure costs | 19 |