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Top 6 Fintech trends of 2019

A popular term u201cFINTECHu201d-combo of the two words financial and technology, is showing a speedy growth. Have you ever thought about the reason behind this pace? To know more about some of the trends to watch out for in 2019, read this!<br>

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Top 6 Fintech trends of 2019

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  1. 1 Top 6 Global Fintech Trends of 2019

  2. 2 1. Eliminating niche services

  3. 3 Are niche services still in the run? ● Niche services once became the best by providing content for one particular service. ● But now, fintech is expanding for its multidisciplinary services which niche couldn't do. ● Startups and other companies prefer fintech over niche. How fintech overtook niche?

  4. 4 1. Rebundling many services together 2. Enhancing companies by providing wide range of services 3. Attracting large number of customers

  5. 5 2.digitising the traditional banks

  6. 6 Blending with trend! ● Banks and fintech startups were once on logger heads but not anymore. ● They both have now collaborated to carry out their own fintech functionalities. ● Robotic advisors are introduced to sort the financial deeds of customers. ANd what is the result?

  7. 7 1. Banks are altering their own system 2. Updating the digital retail banking from within

  8. 8 3. Make way for the new regulatory bodies!

  9. 9 Adapting to new regulations! ● Some Countries like china and south korea have laid their own guidelines on fintech companies. ● It’s also a fair race to show who comes up with positive growth from being under regulated. How does this help?

  10. 10 1. Cryptocurrency and ICOs will be regulated 2. So, companies can get associated with fintech on their own terms

  11. 11 4. Blockchain and cryptocurrency, two different aspects

  12. 12 Parted ways! ● Blockchain and cryptocurrency are now on their own paths and have different individual purposes. ● Recently numerous applications of blockchain have evolved which has given rise to fintech. And this leads to...

  13. 13 1. Enhanced security to the customers 2. Better transferability of the system 3. Increased independence and accountability to fintech companies

  14. 14 5.Financial regulations provide exclusive solutions.

  15. 15 tHRIVE FOR UNIQUENESS! ● “Regtech” is the most recent arm of fintech movement. ● It is a group of tech-driven companies that help the financial industries in breaking barriers through technology. ● It can help companies to get into fintech and navigate through regulations easily. How has this helped?

  16. 16 1. The process is less expensive. 2. Regulations are well organised. 3. Monitors online transactions.

  17. 17 6. Global Tech giants opting fintech

  18. 18 Fintech seems to be everywhere! ● Earlier, tech giants like amazon, ANT Financial, etc. collaborated with credit card and other financial processors for transactions. ● But now fintech can practically replaced these partnerships. ● In near future there will be no difference between technology firms and financial firms. The positive consequences are...

  19. 19 1. Saves plenty of money. 2. Transparent transactions that can be tracked. 3. Customised solutions are available.

  20. 20 Thank you!

  21. 21 A design-driven technology development company Stay connected! We’d love to hear from you. Facebook Twitter LinkedIn Instagram YouTube Telegram info@ionixxtech.com www.ionixxtech.com

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