Samsung released future of Mobility Finance and Banking result 2021

On November 17, Samsung released the results of the 2021 Future of Mobility: Finance and Banking report, which identifies challenges associated with talent retention, cyberattack attacks and long-term employment, which have an impact on the future of the financial and banking industry.

It has been almost two years since the global epidemic encouraged the emergence of a way for organizations in the financial sector to interact with clients and employees. Now, these companies have to prepare for what’s to come. Central to planning a course of action is understanding and navigating the full storm of challenges and opportunities created by this epidemic.

This includes a dramatic increase in layoffs, with 3% of employees resigning in both August and September 2021, a shocking 1,318% increase in ransomware attacks in the banking industry, and an increasingly digital workplace, shown at $656 billion predicted to be used by 2021 for the future of professional technology.

The Samsung report surveyed 500 US decision-makers in the US and 500 U.S. employees who come from financial services and banking organizations to better understand their digital needs and redefine the future of their industry. Key findings from Samsung’s 2021 Future of Mobility – Finance and Banking Report include:

• Mobile tech could make or break your talent strategy
• The data security perception gap is your biggest security risk
• Infrastructure must be prioritized to enable new ways of working

Download the 2021 Future of Mobility: Financial Report and Banking for more details on how mobile technology can help shape the future of the financial sector.