Financial Technology (FinTech) and Digital Banking in India

Financial Technology (FinTech) and Digital Banking in India

Financial Technology (FinTech) and Digital Banking in India FinTech is an umbrella term coined in the recent past to denote technological innovations having a bearing on financial services. FinTech is a contraction of the words finance and technology. It refers to the technological start-ups that are emerging to challenge traditional banking and financial players and covers an array of services, from crowd funding platforms and mobile payment solutions to online portfolio management tools and international money transfers.