Going Digital: A New Frontier For Finance

Just in the nick of time.

TechCrunch

Dollars on a green backgroundEditor’s note: Pierre Brais is a venture capitalist and co-founder of Olocode, a platform for digital business card sharing.

Financial services are no longer the enigma they once were. Gaining ever-increasing accessibility, these services are on the brink of exploding. While obtaining greater access to financial services comes in part because our world is becoming more digital, it is also a result of new, innovative and disruptive influences chipping into what has long been a cozy oligopoly among established financial institutions.

Now, the stage is set for an Internet-style disruption of financial services that will radically change the landscape of how the public buys and consumes financial products over the next few years. These changes will only serve to move business forward, leading to increased innovation. This gives us all better products and services — at a fraction of the cost.

Consumer Trust Is Shifting

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Largely due to the…

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