Global Trends in Fintech Technology

Countries may have locked up their borders to mitigate the COVID-19 pandemic, but local and international trade must go on. Innovations such as cloud-based technology, AI, and fintech have stepped in to handle the global market’s current financial needs.  Businesses and consumers are buying more online during this time. Customers are turning to mobile banking to make payments and receive money electronically as physical bank branches have scaled back their hours or completely closed. Is this the new normal? Considering that global investments in fintech are $12 billion today and have more than tripled since 2014, it’s likely fintech and…...