FINTECH: OPPORTUNITIES AND CHALLENGES
Keywords:
Financial Technology (FinTech), Artificial Intelligence, Future Perspective, Financial Services, Challenges, OpportunitiesAbstract
Financial Technology (FinTech) is a technological alternative of all kind of banking as well as financial services. It is an emerging concept in financial industry which has been introduced in India just before 2 to 3 decades. This paper mainly contains opportunities, benefits and challenges of FinTech in India along with future perspectives. It also contains tools of FinTech as well as current stake of FinTech in banking activities. As FinTech provides digitalized transactions with easiness it has been proving more user friendly with passing of time. India is one of the fastest growing countries in all sectors in which finance industry is not an exception. More adoption of FinTech and its tools is going to change the perspectives, habits and behaviour of Indian financial industry.
Downloads
References
Sanmath, A. (2019). Fin Tech Banking–The Revolutionized Digital Banking. International Journal of Trend in Scientific Research and Development, 1(1). Vijai, C. (2019). Fintech in India–Opportunities and Challenges. SAARJ Journal on Banking & Insurance Research (SJBIR) Vol, 8. Al-Ajlouni, A., Al-Hakim, D., & Suliaman, M. (2018, April). Financial Technology in Banking Industry: Challenges and Opportunities. In e International Conference on Economics and Administrative Sciences ICEAS2018. Guild, J. (2017). Fintech and the Future of Finance. Asian Journal of Public Affairs, 17-20.
https://www.toptal.com/finance/market-research-analysts/fintech-landscape
Arner, D. W., Buckley, R. P. (2017). FinTech and RegTech in a Nutshell, and the Future in a Sandbox. (n.p.): CFA Institute Research Foundation.
