Financial institutions are facing revenue erosion from fintechs and insurtechs. Applying the swarm theory, which is the impact of small organizations coalescing and collaborating, to the financial industry can help IT leaders determine the future evolution of the fintech world, and figure out the best strategy to face it.
What You Need to Know
Gartner Recommended Reading
Note 1: Fintechs
Note 2: Swarm Theory
Note 3: The Fintech Nordic Market
Note 4: Examples of Swarms From Different Industries and Footprints
Note 5: Examples of Fintechs That Led to Disruption: