Technology in Fintech Revolution and Future Advancements

Abstract

Technology has taken a leap forward in a way no one expected. Nowadays it is integrated to one and every field out there. Advancement in any field is very much now dependent on the advancement of the technology. Fintech is the term coined as a combination of Finance and Technology. A large number of financial processes are routed with the help of technology and hence, Fintech revolution has taken place. This paper tries to comprehend the ways in which today’s research and development will influence and shape the future Fintech world. The study is descriptive in nature in which primary data has been captured from the industry experts who are working in the Fintech Profiles in the financial services and IT industry. Sample size of the study is 110 experts. Weighted mean on five point scale and one sample t-test was applied to analyze the data.