The future of finance A New Future For Banks, Insurers And Pension Funds

'Money makes the World go 'round''. The financial sector faces big challenges. Technology makes many things feasible, such as different types of contact free payment methods. Credit cards and pin numbers will disappear, these methods will become available via mobile phones. Cash will not disappear immediately (there will still be the need for black market money), but it will become less important. The power of knowledge, expertise and creativity will become more widespread, also among parties outside the sector. Co-creation will lead to more innovative forms of payment transactions. Collaboration between banks and telecommunication companies will lead to the creation of new products and services. The sector will have to deal with more and more demographic and geopolitical issues (increasing energy and food prices, climate change). New power relations will also influence financial service providers considerably over the coming decades.

This book is an original overview of the full range of megatrends from different fields of activity. It is accessible, not full of jargon and not just about hypes and the flavor of the month.

Adjiedj Bakas is a highly acclaimed futurologist, author and speaker. He researches social, cultural, economic, technology and spiritual trends, and interprets these for an array of clients. His 'Megatrends Europe' book, published in 2006, sold over 100,000 copies. He gives around 200 - made-to-measure - lectures each year across the globe. Adjiedj is known as 'optimistic' (CNN), 'inspiring' (BBC), 'provocative' (TV2 Journal Denmark), 'a true citizen of the world' (Times of India) and 'Europe's best trend watcher' (Die Welt).

Roger is Partner at VODW Marketing and an expert in innovation. He helped create a range of new product and service concepts as well as entire new businesses for a number of blue chips in financial services. Concepts that target specific consumer segments, e.g. the mass affluent, or leverage specific channels, e.g. the Internet. In each case the concepts build on deep consumer insights, compelling and distinctive propositions, and disruptive marketing. Roger worked in virtually every European country, the United States, the Middle East and in Asia.