The last few years have been tumultuous for traditional banking and financial services. We are witnessing lightning-fast changes in customer relationships, digital banking, payments and more.
A good example in point is China. The Chinese are confidently moving towards a cashless society. WeChat Pay and AliPay are two of the biggest payment systems in China, and they are making traditional card payment systems obsolete. WeChat uses quick scan QR codes for receiving and sending payments, with AliPay using “Pay with a smile,” technology for payments.
Here, in this post, I take you through some of the promising Fintech trends that are disrupting traditional banking and financial services, like never before.
But first, let’s take a look at some of the emerging Fintech trends that were big in 2018.
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