Top Technology Trends Redefining the Future of the Fintech Industry – Analytics Insight

Fintech, also known asfinancial technology, is a remarkable transformation in the finance sector. Nowadays, it is difficult to imagine the finance industry without the intervention of modern technology. Maintaining the social distancing protocols amidst the Covid-19 pandemic has also sped up the digitalization of the financial sector.India is considered one of the fastest-growingfintechmarkets on a global scale.

These recent technological innovations and growth in thefintech industryare accreditations to the government initiatives and the tech enthusiasts and startups coming up with innovative solutions to complex problems. Various innovations like mobile wallets, digitized money, paperless lending, and such others have sped up the growth of the fintech industry.

After anticipating the future of the Fintech industry, economists and policymakers are redefining the regulations and policy frameworks based on the new technologies. Here are the top technology trends that are reshaping thefintech industry.

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Top Technology Trends Redefining the Future of the Fintech Industry - Analytics Insight