Digital Banking and FinTech Trends

Updated: Jun 5

According to Paul Shumsky, a Technology Advisor and Finextra blog contributor, the most relevant digital banking and fintech trends to watch out are:


Microservices – with its versatile ability to assist legacy-based companies catch up with the current financial landscape and provide a seamless experience for customers.



Artificial Intelligence (AI) and Machine Learning (ML) – with their ability to assist the financial sector in preventing money laundering and other fraudulent activities.



Decentralized Finance (DeFi) – with its potential to create services, through the use of the blockchain network, without the requirement for traditional financial institutions and mediators.



Predictive Analytics – with a focus on past actions as a way to calculate how future activity through the use of big data and algorithms.



Read the full article here ➡️ Finextra