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Bridging Finance and Technology: The Role of Technology Consulting in FinTech

Delve into the fusion of finance and technology in our illuminating infographic. Uncover the pivotal role of technology consulting in driving FinTech innovation. Explore how these partnerships are reshaping the financial landscape, creating innovative solutions, and ushering in a new era of financial services.<br>https://www.tntra.io/blog/role-of-technology-consulting-in-fintech-innovation/

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Bridging Finance and Technology: The Role of Technology Consulting in FinTech

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  1. Market Growth Projection (2030) $1,500 BN $1,000 BN $500 BN $0 BN FinTech revenue to increase from $245 billion to $1500 brillion Sixfold increase, capturing 7% of the market FinTech App Development: 64% of the U.S. adult population used at least one FinTech app in 2020 Global mobile app development market to reach $407.31 billion by 2026 (CAGR: 21.4%) Venture capital funding for FinTech startups $128 billion. Impact on Banking (2030): FinTech in Banking predicted to account for 25% of global banking valuations AI and ML in FinTech: 70% 70% of financial services firms use ML for cash flow predictions, credit scoring, and fraud prevention Global AI in the FinTech market projected to reach $49.43 billion by 2028 (CAGR: 2.91%) Technology Services Consulting Sector: Growth: Over 2.3 million employed in the U.S. Average annual growth rate of 4.2% (2014-2019) 20% of the overall consulting market Tntra leverages a unique Design for Cashless (or DFC) methodology to help its customers build products and services for a cashless economy, whether related to transforming legacy financial services or delivering new IP-led solutions for emerging Fintech and DeFi ecosystems. Consult Tntra for FinTech Technology Consulting Today!

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