Why FinTech is set to dominate the financial industry?

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The financial industry stands on the brink of a transformative era driven by Financial Technology (FinTech).

The financial industry stands on the brink of a transformative era driven by Financial Technology . As an integral part of the fourth industrial revolution, FinTech is reshaping how financial services are delivered, enhancing interconnectivity, and promoting efficiency. The fourth industrial revolution, characterized by the fusion of physical, digital, and biological worlds, finds a robust ally in FinTech, which serves and is served by these advancements.

Personalization improves user experience, satisfaction, and engagement, leading to better financial outcomes. Sustainability: By optimizing processes and reducing the need for physical infrastructure, FinTech promotes environmentally friendly practices, contributing to sustainability. Digital financial services reduce the carbon footprint associated with traditional banking operations, supporting global sustainability goals.

 

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