FinTech Magazine - March 2021 | Page 8

“ It ' s a great time to be focused on diversity as the conversation morphs from a compliance and social issue to a strategic consideration ”
“ Banks must remain aware of the reputational risk they face if customers feel they don ’ t get the support they need ”
$ 10trn projected digital wallet spend by 2025
46 % of Customers use at least three fintechs
# 1 San Francisco the gateway city for fintech
“ I would argue that collaboration is the new competition ”

THE BRIEF

“ It ' s a great time to be focused on diversity as the conversation morphs from a compliance and social issue to a strategic consideration ”
I . Javette Hines Director and Head of Supply Chain Development , Inclusion and Sustainability , Citi �

13 %

Collaboration with incumbents

BY THE NUMBERS

FinTech community poll from Linkedin

What is the best reason to invest in fintech this year ?

5 %

To fight COVID-19
“ Banks must remain aware of the reputational risk they face if customers feel they don ’ t get the support they need ”

46 %

It provides new opportunities

36 %

It ' s bringing a fresh approach
Falk Rieker Global Head of the Banking Industry Business unit , SAP �
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$ 10trn projected digital wallet spend by 2025

46 % of Customers use at least three fintechs

# 1 San Francisco the gateway city for fintech

“ I would argue that collaboration is the new competition ”
Andra Sonea Head of Solution Architecture , FintechOS �
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Did you know Although 50 % of university graduates are women only seven per cent of Fortune 500 CEOs are female

8 March 2021