Alternative lenders have seen a dramatic reversal of fortunes in the last 12 months, while payments firms have reached maturity and we are seeing increasing consolidation in the market. At the same time, new segments are gaining investment and media attention — insurtechs, regtechs and robo-advisors in particular. Incumbents in industries like insurance and wealth management have so far been complacent when it comes to innovation, but they now need to wake up to the threats and opportunities these new players present. Read more: uk.businessinsider.com
