The finance industry has been making use of various technologies to fulfill their clients’ needs for a very long time. In fact, Fintech is one of the fastest-growing industries globally as it offers high-level security and convenience over traditional forms of financial services.
The Business Research Company estimates that the Fintech industry will grow up to USD 158014.3 Million by 2023. According to this survey, in the USA alone, 60% of credit unions and 49% of banks believe that fintech partnerships are important. Hence, it is clear how fintech is taking over the finance industry. Fintech apps are helping to facilitate this growth. But how?The finance industry has been making use of various technologies to fulfill their clients’ needs for a very long time. In fact, Fintech is one of the fastest-growing industries globally as it offers high-level security and convenience over traditional forms of financial services.
The Business Research Company estimates that the Fintech industry will grow up to USD 158014.3 Million by 2023. According to this survey, in the USA alone, 60% of credit unions and 49% of banks believe that fintech partnerships are important. Hence, it is clear how fintech is taking over the finance industry. Fintech apps are helping to facilitate this growth. But how?
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