Abstract
Fin tech, or financial technology, is a term typically used to describe providing financial services online. Everything from mobile banking apps to payment apps, block chain and crypto currencies, stock trading, etc., might be covered by this fin tech innovation. Thanks to the Fin Tech sector, the global financial environment has been steadily evolving. Since its start, the fin tech sector, which offers rapid, inexpensive, and effective financial services, has grown tremendously.
Collaboration between Fin Tech and this ecosystem is currently strengthening the traditional financial ecosystem. The fusion of technology and finance has helped millions of people globally. As it continues to play a bigger role in the banking business, technology has changed the way people make their own financial decisions. Older forms of payment are being gradually replaced by the internet and cell phones. As smart phone usage rises, traditional methods are gradually going digital. An online transaction may now be finished with only a simple text message, and the Fin Tech sector offers countless prospects. These organizations have increased the scope of the financial industries that they serve.
Key words-Fin Tech, Big data, Digital Banking, Block Chain, Crypto currency
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