What you need to know: 2017 is a year that can allow institutions to provide unparalleled banking experiences with new and current technologies. Various banks will take advantage of chatbots. Artificial intelligence can reach a pivotal tipping point. Banks may continue to build their own digital banks, purchase an established neobank, or collaborate with a fintech disruptor. Fintech companies will continue to offer their app marketplaces via the open API modules. Blockchain solutions, on the other hand, will generate more interest and investments.

Why this is important: Predictions are fun and sometimes can reach us new things. The expected advances in 2017 will allow the fintech industry to move forward, though we expect several firms to run out of funds

Want to read more? Read American Banker here.