Describe the applications of fintech in the banking sector

Reference no: EM132522882

You are an analytics consultant who has been asked to develop a report to the board of directors of Commonwealth Bank of Australia.

The report needs to:

Part A) Describe the applications of Fintech and data analytics to the banking sector

Part B) Evaluate the impact Fintech and data analytics will have on how banks in Australia will operate over the next 5 years

Part C) Recommend three specific actions Commonwealth Bank can take over the next 12 months to ensure they remain competitive

Introduction

• Describe what Fintech is

• Describe the applications of Fintech in the banking sector with reference to contemporary sources

Discussion

• Summarise the main conclusions from the introduction and speculate how banking will change over the next five years as a result.

• Justify your evaluation with reference to contemporary sources and use relevant headings to highlight the main effects

Conclusion

• Drawing on the introduction and discussion recommend three specific actions for the CBA over the next year to ensure they remain competitive

• Justify your recommendations with evidence and refer to current sources Summary of main discussion points.

• Summarise all sections of the report. References & Appendices Reference appropriately in text and in the appendix

Attachment:- CASE_QUESTIONS.rar

Reference no: EM132522882

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