My weekly #fgtrends No.340
#InsurTech weekly
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1️⃣ How #InsurTech is revamping insurance
Even before 2020, the insurance industry faced challenges. Now, those issues have taken on even greater urgency: Headwinds on revenue growth ; An ongoing ‘fight for the customer’ ; A value shift toward intermediaries.
2️⃣ The payment use-case in #crypto
Today, select cryptocurrencies (e.g., Solano) and next generation crypto innovations such as stablecoins (e.g., Tether, USDC, Dai) and central bank digital currencies (CBDCs) are driving a radical shift in consumer and merchant perceptions and accelerating usage of crypto payments.
3️⃣ #AI adoption in Financial Services & #FinTech
Some 80% of the world’s top financial firms are spending billions on artificial intelligence to improve their services and compete with each other. New research from NVIDIA uncovers what those firms are doing and how they’re deploying these resources.
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