06/09/2015

Sh*ft Happens

Sam Maule, Emerging Payments Practice Lead, Carlisle & Gallagher Consulting Group

Technology is revolutionizing conventional financial services, and this shift is occurring at an exponential rate.  Goldman Sachs projects an estimated $4.7 trillion in revenue and $470 billion in profits from the traditional banking marketplace is at risk of being displaced by FinTech (Financial Technology) companies. JPMorgan CEO Jamie Dimon cautioned shareholders in 2014 that “Silicon Valley is coming.” And not just Silicon Valley: FinTech hubs have emerged and are flourishing in New York, London, Paris, Berlin, Singapore, Hong Kong, Nairobi, Jerusalem, and other tech hotspots across the globe.  This session will focus in on what actions and approaches the traditional Financial Services companies and providers should adopt to ensure they are responding to this shift.

Sam Maule Presentation