Abstract
Update and innovations are the main pillars of development and without these two, improvements will not happen. Fintech is a financial technology; it uses technology for undertaking financial activities. In the previous years, man plays a vital role in undertaking financial matters, but today the role is reversed, here technology deals those activities. Fintech slowly change the world from traditional to online. A new trend in fintech emerges day by day and this indicates the positive sign but at the same time challenges also emerges along with those trends. This is a serious issue and creates a danger to fintech. This paper deals about the Fintech trend and it’s challenges.
Keywords: Fintech, trends, challenges, AI, Block chain, BNPL, Open banking, virtual cards, stable coins.
References
- Ryan Randy suryono, Indra budi and Betty purwandari (2020), “Challenges and trends of financial technology (Fintech): A Systematic literature review”, Information journal, vol: 11, issue 12.
- Sanjiv R Das (2019) “The future of fintech”, Financial management 48(4), 9811007.
- Thomas Philippon (2016), “The fintech opportunity”, National bureau of economic
Research - https://www.google.com/url?sa=t&source=web&rct=j&opi=89978449&url=https://w
ww.investopedia.com/terms/f/fintech.asp&ved=2ahUKEwjzoebhvL_AhW2d2wGHRbLBPMQFnoECCQQAQ&usg=AOvVaw21JJQ-AL9KxRaL7QfeuHR