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Leading opinions on impact of FinTech on the financial sector in Luxembourg in 2016

In which areas do you see the most important impact to your business from FinTech?

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