It’s no secret that investments in FinTech have increased dramatically in recent years (over $40B in 2015) and that FinTech technology is disrupting many financial services sectors. Due.com has provided a useful overview of the trends in this emerging tech sector, including:
- Growth of automation
- Role of advanced machine learning
- Creation of application platforms via open API networks
- Acceptance and widespread use of blockchain technology
Other important trends that are driving and resulting from the growth of FinTech are also covered.