1、KPMG International| on 2030 Financial services reinventedVoices on 2030:Financial services reinventedThe Voices in this report cover many facets of financial services and beyond from incumbents to challengers,BigTech to fintechs,policy makers to legal experts.Taken together,they create a valuable ch

2、orus of insight and expertise.Many of the views expressed in this report may be aspirational and personal and may not necessarily represent those of the Voices organizations or that of KPMG.ForewordIn Denmark there is a much-loved proverb that warns of the difficulties of making predictions “particu

3、larly about the future”.In todays financial services industry,where the pace of change just keeps on accelerating,that caution feels especially appropriate.Volatility and uncertainty are everywhere.Still,if the future is a corridor down which we can only peer dimly,the light coming from behind does

4、provide at least some illumination.And 2030 is close enough for that illumination to reach especially with the help of some of the industrys most inspirational and imaginative leaders.These are the far-sighted Voices,from across the sector and beyond,to whom we have turned to for this report.Each of

5、 our interviewees provides a unique view of what to expect in 2030 and how we may reach that point.Their views differ in many interesting ways,but certain themes unite them.Above all,they expect the boundaries between the financial services industrys sub-sectors as well as with other industries to b

6、ecome increasingly blurred.Sector convergence has already begun,enabled and driven by new technology and innovation,but that is set to continue at pace.Concepts such as embedded finance,the platform ecosystem and the data economy may render traditional categories of financial services and providers