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|