uk iconUK

Accountants risk isolation from emerging fintech ecosystem

Accountants must engage early with new automating technology to differentiate against the market, or risk isolating themselves in the long run from the fledgling fintech ecosystem.

Accountants risk isolation from emerging fintech ecosystem
smsfadviser logo

Some 40.5% of accountants fear job replacement by automation, while 30% fear keeping up with new technology, according to GovGrant. Couple that with the Office for National Statistics (ONS) suggesting that 25% of chartered and certified accountants could lose their jobs, and it makes for grim reading.

Read more at the Accountancy Age

Subscribe to Financial Accountant

Receive the latest news, opinion and features directly to your inbox