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Fintech is poised to revolutionize the finance landscape
In recent years, the impact of Fintech on India’s financial sector has been very visible. (Photo credit: Flickr)

Fintech is poised to revolutionize the finance landscape

May 23, 2022
12:33 pm

What's the story

Financial technology, or Fintech, is one of the fastest-growing global businesses. Newly developed online technologies in the banking and financial services industries are transforming this sector. The emergence of Fintech companies dynamically changed the way financial transactions take place. So, it's high time to enroll in the best Fintech courses in India. Here's how Fintech companies are revolutionizing India's financial sector.

#1

Reducing the queues

Long queues in banks were an inevitable sight as long as 10 years ago. Fast forward a decade, and you can now access banking services at your fingertips- all thanks to Fintech. So, you can easily comprehend the transformation that these companies have brought. You need not depend on anyone for any financial work, you can do it by yourself with the mobile app.

#2

Advance customer support

The induction of artificial intelligence and machine learning will improve customer experience further. For example, chatbots backed by AI and ML are now offering instant and easy access to customer support by answering a wide range of queries without contacting the customer support executive. However, one cannot deny their limitations. But with the rapid progress of technologies, these boundaries are sure to be blurred.

#3

The emergence of Neo Banking

Picking up the pace in India's financial segment, the concept of Neo Banking includes online-only transactions and no physical branches. It means no more visits to the bank or standing in long lines to complete any banking transactions. Moving ahead, the effects of Fintech are not limited to the banking space anymore; you can see it in changing trends of investments as well.

#4

Trading has become easy

The share market, or rather the capital market, was considered a place for experts till about five years ago. However, it is not the case anymore. Currently, Fintech companies are changing the way traditional trading works. With multiple apps offering insights, access to market trends, and simplifying various concepts, you can now easily invest your money in stocks and bonds that you want.

Information

Blockchain - The Technology of the Future

The Fintech revolution is incomplete without talking about blockchain. This technology is set to revolutionize how financial services work. So, if you are planning a career in Fintech, you can look for various certification and diploma courses offered by leading institutes like IMARTICUS Learning.

Opportunities

Fintech career opportunities on offer

Let's focus on the career opportunities Fintech offers. Being primarily a tech-based financing industry, you need to have the required skill to get an opportunity. In this regard, you can look into various Fintech certifications in India to acquire those necessary skills. So, if you are serious about finding employment in this sector, then complete the best Fintech courses in India.