Financial Technology (FinTech)

Fintech can be disruptive if the innovations in banking sectors take the backseat. Bankers must continuously look out for the additional benefits and improvements they can provide to satisfy the customers. Opportunities for fintech is wide open and how well the startups rise to the customers’ expectations will be a challenge.

However, there are positives for both sides, and as incumbents have a strong reputation and an established leader in the financial framework, they have the added advantage to watch the fintech players operate and later step-in as and when required.