Privacy Regulation, AI, Contactless Payments Among 2021’s Key Themes: Oxygen
Will fintechs disrupt traditional banking in 2021?
With contactless and digital payments now being the norm, Oxygen Banking predicts that neobanks will dominate and traditional financial institutions will look to startups to help compete in this new reality.
Oxygen Banking is a modern financial platform specifically designed to meet the unique needs of freelancers, small businesses, and digital natives. Just this week, they announced research about how COVID has impacted the shopping behaviors of people this holiday season.
Oxygen’s team of experts used their knowledge of the field to forecast the future of the financial services industry for this coming year and beyond.
Rethinking The Banking Model Post-Pandemic forbes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from forbes.com Daily Mail and Mail on Sunday newspapers.
The case for investing in financials Financial services companies are evolving their business models to meet post-pandemic challenges and increasing competition. By Alex Crooke Entire tomes have been devoted to investing in the financial services sector – hardly surprising when you consider its size, and therefore its significance to the world s capital markets. To say the financial sector is large doesn t do it justice. Of the total market capitalisation of the S&P 500, the world s largest stock market index, financials account for just under 10% of the $28.5 trillion valuation.
1 Turning our attention to the UK market, the sector s dominance is more pronounced still, representing over 25% of the entire market capitalisation of the FTSE All-Share Index.
The case for investing in financials
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Entire tomes have been devoted to investing in the financial services sector – hardly surprising when you consider its size, and therefore its significance to the world’s capital markets.
To say the financial sector is large doesn’t do it justice. Of the total market capitalisation of the S&P 500, the world’s largest stock market index, financials account for just under 10% of the $28.5 trillion valuation.
1 Turning our attention to the UK market, the sector’s dominance is more pronounced still, representing over 25% of the entire market capitalisation of the FTSE All-Share Index.