APAC CIOOutlook

Advertise

with us

  • Technologies
      • Artificial Intelligence
      • Big Data
      • Blockchain
      • Cloud
      • Digital Transformation
      • Internet of Things
      • Low Code No Code
      • MarTech
      • Mobile Application
      • Security
      • Software Testing
      • Wireless
  • Industries
      • E-Commerce
      • Education
      • Logistics
      • Retail
      • Supply Chain
      • Travel and Hospitality
  • Platforms
      • Microsoft
      • Salesforce
      • SAP
  • Solutions
      • Business Intelligence
      • Cognitive
      • Contact Center
      • CRM
      • Cyber Security
      • Data Center
      • Gamification
      • Procurement
      • Smart City
      • Workflow
  • Home
  • CXO Insights
  • CIO Views
  • Vendors
  • News
  • Conferences
  • Whitepapers
  • Newsletter
  • Awards
Apac
  • Artificial Intelligence

    Big Data

    Blockchain

    Cloud

    Digital Transformation

    Internet of Things

    Low Code No Code

    MarTech

    Mobile Application

    Security

    Software Testing

    Wireless

  • E-Commerce

    Education

    Logistics

    Retail

    Supply Chain

    Travel and Hospitality

  • Microsoft

    Salesforce

    SAP

  • Business Intelligence

    Cognitive

    Contact Center

    CRM

    Cyber Security

    Data Center

    Gamification

    Procurement

    Smart City

    Workflow

Menu
    • Cyber Security
    • Hotel Management
    • Workflow
    • E-Commerce
    • Business Intelligence
    • MORE
    #

    Apac CIOOutlook Weekly Brief

    ×

    Be first to read the latest tech news, Industry Leader's Insights, and CIO interviews of medium and large enterprises exclusively from Apac CIOOutlook

    Subscribe

    loading

    THANK YOU FOR SUBSCRIBING

    3 Trends Revamping the Fintech Industry

    AI is streamlining work in every industry, and when robots have replaced human resource, it results in reduced overhead costs, faster processing, and uninterrupted user experience  

    3 Trends Revamping the Fintech Industry

    By

    Apac CIOOutlook | Monday, March 16, 2020

    Stay ahead of the industry with exclusive feature stories on the top companies, expert insights and the latest news delivered straight to your inbox. Subscribe today.

    AI is streamlining work in every industry, and when robots have replaced human resource, it results in reduced overhead costs, faster processing, and uninterrupted user experience

    Fremont, CA: Fintech or financial technology is the base for modern digital payment rails and processing, back-end settlement of assets on capital markets, and other financial pieces of software and hardware.

    Here are four trends revamping and creating space for further innovation in the fintech industry.

    Big Tech

    A prominent trend in fintech is the continual emergence of big tech firms into the financial sector like Apple pay, Google Pay, and Samsung Pay, which are all becoming popular among smartphone users. Major social media platforms planning on integrating ecommerce stores and flexible payment methods offered by big tech firms may soon dominate online retail.

    Payment rails are still waiting for an upgrade, and the increased competition from big tech can help move the process for the benefit of consumers and entrepreneurs that burdened by high fees and slow transaction processing times.

    Check Out: Best Fintech Companies

    Artificial Intelligence

    AI in fintech offers a highly practical tool for major financial organizations to manage portfolio risk and help institutions with regulatory compliance, as this task has become increasingly time-consuming and complicated over the past few years.

    The integration of AI and other advanced technology such as quantum computing, reduces the need for salespeople and advisors in the financial industry. Technology will continue to alleviate the cost and simplify access to information, delivering better returns for investors, consumers, and firms providing more effective programs.

    Quantum Computing

    Quantum computers use the idea of binary code, interpreted as ones and zeroes that modern computers are based on, by making use of quantum phenomena like quantum entanglement and superposition.

    The potential impact quantum computing has on fintech is with the processing and settlement of transactions, faster data processing, risk and performance modeling, and improved security.

    See also: Top Artificial Intelligence Companies

    More in News

    AI's Role in Apac's Digital Transformation Journey

    AI's Role in Apac's Digital Transformation Journey

    Salesforce Services in APAC: Empowering Digital Transformation Across the Region

    Salesforce Services in APAC: Empowering Digital Transformation Across the Region

    Enhancing Customer Satisfaction through Omni-Channel Payments

    Enhancing Customer Satisfaction through Omni-Channel Payments

    Impact of Blockchain on Supply Chain Innovation

    Impact of Blockchain on Supply Chain Innovation

    I agree We use cookies on this website to enhance your user experience. By clicking any link on this page you are giving your consent for us to set cookies. More info

    Copyright © 2025 APAC CIOOutlook. All rights reserved. Registration on or use of this site constitutes acceptance of our Terms of Use and Privacy and Anti Spam Policy 

    Home |  CXO Insights |   Whitepapers |   Subscribe |   Conferences |   Sitemaps |   About us |   Advertise with us |   Editorial Policy |   Feedback Policy |  

    follow on linkedinfollow on twitter follow on rss
    This content is copyright protected

    However, if you would like to share the information in this article, you may use the link below:

    https://www.apacciooutlook.com/news/3-trends-revamping-the-fintech-industry-nwid-7396.html