This statistic shows the answers to a survey question on the opportunities of FinTech in the financial sector in Luxembourg in 2016. In 2016, approximately 49 percent of the senior executives in the Luxembourg financial and FinTech sector believed FinTech could improve customer rentention. n 2016, according to another PwC survey, approximately 25 percent of Luxembourg CEOs believed FinTech could improve customer retention.
In your opinion, what are the opportunities related to the rise of FinTech within your industry?
Fintech, or Financial Technology, is a collective term for businesses which try to reinvent financial services with a product or service built on technology. The term is usually applied to start-ups with activities in particular branches such as blockchain, robots and automated systems, mobile payments, money transfers, (micro)loans, fundraising, or asset management. Spanish bank Santander estimated in 2015 that blockchain technology, for example, could reduce banks' infrastructure costs by between 15 to 20 billion dollars per year.
The source does not provide information regarding multiple answering options.
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PwC (Luxembourg). (April 20, 2016). In your opinion, what are the opportunities related to the rise of FinTech within your industry? [Graph]. In Statista. Retrieved October 12, 2024, from https://www.statista.com/statistics/705782/opportunities-of-fintech-in-the-financial-sector-in-luxembourg/
PwC (Luxembourg). "In your opinion, what are the opportunities related to the rise of FinTech within your industry?." Chart. April 20, 2016. Statista. Accessed October 12, 2024. https://www.statista.com/statistics/705782/opportunities-of-fintech-in-the-financial-sector-in-luxembourg/
PwC (Luxembourg). (2016). In your opinion, what are the opportunities related to the rise of FinTech within your industry?. Statista. Statista Inc.. Accessed: October 12, 2024. https://www.statista.com/statistics/705782/opportunities-of-fintech-in-the-financial-sector-in-luxembourg/
PwC (Luxembourg). "In Your Opinion, What Are The Opportunities Related to The Rise of Fintech within Your Industry?." Statista, Statista Inc., 20 Apr 2016, https://www.statista.com/statistics/705782/opportunities-of-fintech-in-the-financial-sector-in-luxembourg/
PwC (Luxembourg), In your opinion, what are the opportunities related to the rise of FinTech within your industry? Statista, https://www.statista.com/statistics/705782/opportunities-of-fintech-in-the-financial-sector-in-luxembourg/ (last visited October 12, 2024)
In your opinion, what are the opportunities related to the rise of FinTech within your industry? [Graph], PwC (Luxembourg), April 20, 2016. [Online]. Available: https://www.statista.com/statistics/705782/opportunities-of-fintech-in-the-financial-sector-in-luxembourg/
