UPI will increase in significance in 2019
The future of fintech definitely involves AI
In 2019 and beyond we will surely see more new entrants in mobile payments
The global financial crises of 2008-09 was a time of reckoning for the financial services sector that had far-reaching consequences on the overall economy. One of the consequences was the amalgamation of two separate industries or sectors that have come to be known as “Fintech”.
The industry is characterised by digital innovations and technology-enabled business models in the financial services sector. Its evolution was primarily a function of the excesses, inefficiencies and unexplored opportunities inherent in the respective markets.