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Fintech And Its Challenges

Fintech And Its Challenges

  • There's going to be more changes in Financial Services Industry in coming five years than there's been in last 50 years !!!
  • Fintech is a new trend in the market disrupting the financial services industry and making conventional leaders lose their sleep.
  • Recent announcement by Apple to launch credit card has posed significant concerns among banking leaders as Credit card remains one of the most profitable product and if Tech leaders like Apple, Google take away this pie of the cake, then banking industry which is already struggling to meet its means could lead to devastating impacts.
  • Today consumers are looking for 24*7 services which brick and mortar based banking industry isn't able to meet.
  • Tags assigned to this article: personal finance banking FinTech


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