2024, Vol. 5, Issue 1, Part I
FinTech: The new normal in the financial digital infrastructure
Author(s): Vinutha TN and Dr. K Nirmala
Abstract: With the progression of financial system and various demands of customers, the traditional financial industry instigates to improvise the business practices, risk controlling and business models. FinTech looks at developing the business models rapidly to solve problems in the financial digital infrastructure. FinTech refers to any technology that seeks to enhance and automate the delivery of financial services in newer and faster ways than was traditionally available. This article provides a brief overview of the sector encircling its landscape, characteristics, driving factors and the regulatory environment in India. The research conclusion highlights that the framework of banking and financial sector has endured an incredible revolution since 2008 Global Financial Crisis, demonetization and COVID 19 pandemic, in terms of financial technology firms, popularly known as ‘FinTechs’.
Pages: 721-726 | Views: 7 | Downloads: 5
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How to cite this article:
Vinutha TN, Dr. K Nirmala. FinTech: The new normal in the financial digital infrastructure. Asian J Manage Commerce 2024;5(1):721-726.
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