Outlook Money
Fintech (financial technology) companies use digital tools — like apps, AI, and online platforms — to make banking, investing, payments, insurance, and loans faster, easier, and more secure.
Many fintech companies bundle digital literacy, doctor appointments, investment tools, community events, and even memory workshops in one senior‑friendly interface.
Seniors can start systematic digital gold SIPs with as little as ₹100. They can also authorise trusted family members to monitor the account.
InsurTech apps have large fonts, regional language support, voice options, and family-access features that simplify onboarding and claims .
This allows for digital onboarding and claim submission via apps, thus eliminating paperwork and slow procedures. Seniors get faster approvals and expert guidance.
Seniors can use apps to compare, buy, renew, or claim motor and home insurance through features like image-based claim initiation, step-by-step instructions, callbacks, and biometrics enhance usability.
Seniors can benefit from fintech security layers like biometric login, two-factor authentication, fraud alerts, and secure digital vaults.
Emerging AI chatbots, OCR, and big-data analytics offer personalised policy suggestions, quicker approvals, and fewer policy exclusions .
Fintech tools give seniors financial autonomy—paying bills, managing money from home—while families enjoy peace of mind via shared access and oversight .