What’s Affecting the Finance Industry?
The finance industry is undergoing a lot of changes that are directly affecting the way this industry needs to work. Major trends in the industry include –
- Consumer skepticism towards financial services providers
- Emergence of technology – mobile and social
- Changing financial goals, behavior and expectations of the consumers
- Growing regulatory pressures
Financial services companies need to go an extra mile to grow their customer-base, attain profitability, and avoid regulatory threats.