Emerging technologies are reshaping financial services. Here’s how

Emerging technologies are reshaping financial services. Here’s how

A new report from the World Economic Forum explores how emerging technology clusters are changing the financial services industry.

AI, IoT, cloud computing and 5G, among other technologies, offer new opportunities to both consumers and businesses.

Here are three ways in which we will begin to experience the effects of these technology clusters.



Words and phrases such as "disruption“, "revolutionizing“ and "digital transformation“ have become so commonplace in the context of financial services that they have lost their impact. Impact, however, is exactly where we are heading with emerging technologies. These technologies - such as artificial intelligence (AI), the Internet of Things (IoT), 5G, and quantum computing - are beginning to form powerful clusters that are collectively reshaping financial services, bringing new opportunities to firms and consumers alike.