Digital Banking to RegTech: Top Trends Reshaping the Fintech Sector
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New Delhi, March 16 -- COVID-19 has accelerated digital adoption in nearly every aspect of life. The year 2020 saw a significant rise in digital and financial literacy. This enabled banks and financial services companies to reach areas that were, until recently, non-penetrable to the industry. Now, with more and more people gaining access to their services, leveraging technological solutions is becoming a necessity for the financial services and banking industry.
A 2019 EY fintech report showed that the global adoption of fintech services has reached 64% in 2019. This was 16% in 2015. With growing interest in fintech offerings, the year 2021 is expected to see a rapid rise of fintech startups. That said, let's take a look at some of the ...
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