Reshaping Services: Financial Services
Traditional financial services are ripe for disruption. The future will no doubt be weightless, led by the evolving ecosystem of neobanks and payment platform.
The current wave of technological disruption has finally reached the shores of the service economy. It’s a development that will represent a major shift for investors and the global economy as services represent more than two-thirds of global GDP, three-quarters of the workforce in developed markets, and nearly half of the workforce in advanced emerging markets. This version of disruption, however, will differ significantly from previous episodes that vanquished manufacturing and retail incumbents.
To shed further light on some of these ideas, PGIM brought together a handful of thought leaders for a discussion surrounding our latest Megatrends paper, Reshaping Services: The investment implications of technological disruption. A few highlights are noted below:
You can read the entire whitepaper and access all of the investment implications here, and to view the entire collection of PGIM’s Megatrend research, click here.
Discover The Investment Implications of Technological Disruption
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Traditional financial services are ripe for disruption. The future will no doubt be weightless, led by the evolving ecosystem of neobanks and payment platform.
Advances in medical systems are being made to cater to a new generation of tech-savvy consumers leading to a shift in how healthcare is delivered globally.
Many logistics firms are at the cusp of disruption with opportunities. In transportation, early-stage innovations like autonomous vehicles are emerging.