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Fintech Trends to Watch out for 2019 – Emorphis Technologies www.emorphis.com
Fintech 2019 Trends • Blockchain Technology in Fintech: If we are talking about the fintech apps, then blockchain is top in the priority. It is supposed to be one of the most secure and transparent modes of transacting and trade. The blockchain is the totally changes the lookout of fintech system with the fastest speed, transparency, and faster payment.
Fintech 2019 Trends • Artificial Intelligence & Machine Learning in Fintech- AI escalates across all industries. Now financial institute well known about the need for customer services and therefore they working on it. The use of AI in the trading process of optimizing the identification of element, analyzing data and communication across the all connected devices within the organization.
Fintech 2019 Trends • Cloud Computing & Advanced Data Analytics: Now a day's customers are more selective. They look out for the information in which they have interest and specific in their needs. Cloud computing and data analytics is the benefits of the financial establishment. Consuming these technologies banking organization can easily fetch data about customer profile and interest.
Fintech 2019 Trends • Social Trading and Financial Wellness Platforms – Financial services always make secure and safe system but if is collaborate with social media, some security concern may be arising. But as the social media buzz, it is good idea for financial services to getting acknowledge of other people and getting insights on financial understand.
Fintech 2019 Trends • Getting more of mobile technology – Payment make easy with the mobile application. As more customer move toward mobile technology to transfer their money online without being in a bank que. So more customer prefer to operate and trade via mobile app, so the development of fintech app is raise to provide ease and more comfort to the customer.
Fintech 2019 Trends • Peer-to-peer Lending – Lending is another hot trends in 2019. This is one of the most important use of P2P firms with the better ROI on interest rate in comparison of banks. Making loan application in less time, no pre-payment penalties, quick approval is the niche.
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