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Date Trend snippet:
11 June 2021
Relevance date:
2019, 2020
Type of Treath or Oppertunity
Domain of application
Source of threat
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- Trend snippet: Collaboration is a strategic imperative for growth & expansion of the fintech market
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The HSD Trendmonitor is designed to provide access to relevant content on various subjects in the safety and security domain, to identify relevant developments and to connect knowledge and organisations. The safety and security domain encompasses a vast number of subjects. Four relevant taxonomies (type of threat or opportunity, victim, source of threat and domain of application) have been constructed in order to visualize all of these subjects. The taxonomies and related category descriptions have been carefully composed according to other taxonomies, European and international standards and our own expertise.
In order to identify safety and security related trends, relevant reports and HSD news articles are continuously scanned, analysed and classified by hand according to the four taxonomies. This results in a wide array of observations, which we call ‘Trend Snippets’. Multiple Trend Snippets combined can provide insights into safety and security trends. The size of the circles shows the relative weight of the topic, the filters can be used to further select the most relevant content for you. If you have an addition, question or remark, drop us a line at info@securitydelta.nl.
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Collaboration is a strategic imperative for growth & expansion of the fintech market
The Achilles Heel lies in the fact that it is still relatively complicated to achieve successful cooperation between large companies and startups, 18% of the respondents indicate poor conditions here. A missed opportunity as most studies indicate that collaboration is essential to stimulate and grow innovation. In this respect, collaboration should not be seen as a ‘nice to have’ but should be seen as a strategic imperative to further grow and expand business opportunity.
More source info
Respondents were asked to rate various Fintech conditions in the Netherlands. Clearly, the international connectedness as well as the customer adoption of tech solutions are both highly ranked by the respondents. The international connectedness of the Netherlands has always been one of the key strengths of the country. For the fintech industry this might be even more important. Even though the Netherlands is relatively small, it does rank highly when it comes to financial activity. The country’s relatively small size actually makes it a necessity to operate on a more regional or global level. This ‘forced’ international focus benefits the Fintech sector as it opens a vast array of potential financial services that can and should be easy to distribute across the border. This might be one of the strengths that the fintech industry will need to rely and build upon post COVID-19. For the Fintech industry it is also beneficial that the Dutch are fast adopters when it comes to technology solutions. This ranked as one of the key strengths of the Dutch fintech climate. The fact that the Netherlands is a highly digitized country, there is a favorable start-up and entrepreneurial climate, the availability of technical universities (Eindhoven, Delft, Twente) as well as the presence of a diverse tech ecosystem contribute to this element. The Achilles Heel, as indicated by the respondents, lies in the fact that it is still relatively complicated to achieve successful cooperation between large companies and startups, 18% of the respondents indicate poor conditions here. A missed opportunity as most studies indicate that collaboration is essential to stimulate and grow innovation. In this respect, collaboration should not be seen as a ‘nice to have’ but should be seen as a strategic imperative to further grow and expand business opportunity
