Hello To The Digital Transformation In The Global Finance Sector

Digital transformation in finance is redefining how transactions are carried out within the globalized economy and across borders. These financial transformations are bringing significant benefits in the form of convenience, speed, and efficiency.

Having said that, traditional models of banking and finance are challenged by Fintech and BigTech, possibly leading the way for stable financial markets. The impact of digital transformation in the finance industry is speeding up the deployment of digital technology. Cash payments, rendering services through in-person financial consultants, ATMs are fading slowly.

Know about the brief history of digital transformation in the Finance sector. A short infographic on the general stats and trends shaping the Fintech development. Read Here