Fintech disruption in finance enters new chapter

With the recent advancements in big data analysis and artificial intelligence, as well as the progress achieved in various regulatory environments, the financial industry has entered a new chapter. Innovative banking in traditional financial institutions is offering new capabilities, such as using chatbots to analyze and target consumer behaviors, in order to better serve their needs. Meanwhile, fintech startups such as Singapore’s Validus Capital are proving viability in alternative financing via peer-to-peer (P2P) and peer-to-business (P2B) lending.