The data displays the answers to a survey question on the leading opinions on the impact of FinTech on the financial sector in Luxembourg in 2016. In 2016, approx. 49% of the senior executives in the Luxembourg financial and FinTech sector indicated FinTech could enhance interactions and build trusted relationships. FinTech is regarded as both an opportunity as well as a threat to the financial sector. However, as consumer demands increase, so do the efforts to adopt to FinTech. In 2016, investments in FinTech companies in Europe reached a total value of approx.
Meet changing customer needs with new offering | 86 |
Enhance business with sophisticated operational capabilities | 54 |
Enhance interactions and build trusted relationships | 49 |
Leverage existing data and analytics | 37 |