{"id":15149,"date":"2021-08-14T03:01:00","date_gmt":"2021-08-14T03:01:00","guid":{"rendered":"https:\/\/newver.innotech-vn.com\/?p=12262"},"modified":"2023-03-16T04:20:19","modified_gmt":"2023-03-16T04:20:19","slug":"top-10-fintech-trends-to-consider-in-2021","status":"publish","type":"post","link":"https:\/\/newver.innotech-vn.com\/vie\/top-10-fintech-trends-to-consider-in-2021\/","title":{"rendered":"Top 10 Fintech trends to consider in 2021"},"content":{"rendered":"

During the pandemic, Fintech still grows up and stays strong. The reason is people now relied on virtual financial services as they cannot go out for any offline transactions. People also believe that one person in cities and big cities uses Fintech at least one time in their lifetime.<\/p>\n

Now let see what is top Fintech trends to consider in 2021.<\/p>\n

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1. Banks build up Digital Banking function as a matter of course<\/strong><\/h2>\n

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The world is mobile and so are its banks. Banks have to build their Digital Banking function to adapt the trend of the world, especially in the pandemic that most people believe that it cannot be controlled 100% within 2021 and even 2022.<\/p>\n

All thanks to the growth in Biometric, Artificial Intelligence, and Cybersecurity, Digital Banking is easier to access than ever. Consumers will be able to execute every important task while accessing a huge range of financial information.<\/p>\n

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\"Fintech\"<\/p>\n

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2. Neobank will grow up strongly<\/strong><\/h2>\n

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Based on 100% digital operating, Neobank is executed without any help from traditional bank establishments and well-known since 2017 as a viable FinTech solution for easing the challenges faced by traditional banks.<\/p>\n

People believes Neobank<\/a> will also develop its influence in Asian countries where traditional banks are being used as a big habit almost 20 years ago. In 2021 and even the next year, for sure businesses will think of Neobank more and more due to the pandemic and the advantage it brings to customers.<\/p>\n

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3. Will Artificial Intelligence (AI) and machine learning take over the world?<\/strong><\/h2>\n

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Artificial Intelligence (AI) can help business to identify financial frauds and mitigate cybercrimes. Therefore, there\u2019s no reason that businesses across the globe are considering integrating their operations with Artificial Intelligence, especially banks. As many researches, AI will reduce operational expenditures by 22%. Therefore, a bank where is integrated AI can save as much as $1 trillion.<\/p>\n

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4. Regulatory technology in banking and financial services<\/strong><\/h2>\n

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A regulatory technology solution will be able to perform the following operations:<\/p>\n