The FinTech revolution, continues to usher in exciting and innovative solutions using next generation technology. One of the key developments has been the active and extensive collaboration between incumbent banks and FinTechs in order to embed innovative solutions into mainstream solutions.
According to NASSCOM, the Indian Fintech market is expected to grow at a CAGR of 22 percent for the next five years. Another KPMG report states that the transaction value for the Indian Fintech sector was estimated to be approximately $33 billion in 2016 and is expected to reach $73 billion by 2020.
Recognizing the accelerating pace of change, NASSCOM has planned its 3rd Edition of INDIA FinTech DAY with the theme Blockchain in Reimagining the Fintech Industry on 27th September 2018 at ITC Maratha, Mumbai. To better understand the dramatic changes as well as gradual shifts that have begun to take place in the global FinTech landscape, a deep dive into its technology is essential. FinTech is where money meets technology & the latest brilliant technology in everyone’s radar is Blockchain. Experts state that this technology holds the potential to unleash a wave of innovation across multiple industries, especially within the Financial Services Industry.
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