Himani Verma
Machine learning and artificial intelligence are revolutionising financial services by analysing data, automating processes, and enhancing decision-making.
Customers are empowered with online and mobile banking options, allowing them to access financial services anytime and anywhere and putting them in control of their finances.
Financial institutions prioritize cybersecurity as digital services evolve. The key implementations include; encryption, multi-factor authentication, and continuous system monitoring to protect client data and prevent cyberattacks.
Financial services increasingly prioritise sustainability due to environmental, social, and governance (ESG) factors. Sustainable finance involves investing in ventures that benefit society and the planet.
Fintech companies are revolutionising the financial services industry by offering innovative solutions like peer-to-peer lending, digital wallets, etc.