Emerging Trends in Fintech


It is not a surprise that the banking and finance sector is also reaping the benefits of constantly evolving technology. And even now, Fintech is still an area that is yet to be discovered by many countries or is being just minutely explored. So yes, there are still multiple opportunities just waiting to happen.


With each passing year, we see a plethora of trends circulating related to different kinds of technologies in the business sector. Some trends also make a reappearance. The pattern is the same for Fintech.


Fintech is not just about making the banking and Finance sector more lucrative business wise, but it also aims to improve the function for the average consumer. Therefore, the latest trends will not only impact the businesses, but end users as well. Also, Fintech can be used by small businesses for more optimization along with other small business software.


Here is what we can expect from Fintech trends in 2018:

More Security

One of the biggest concerns in the banking and finance sector is the prevention of fraud. While newer security measures are always reducing the risk, criminals are always evolving too. Therefore, upgrading the existing technology and introduction of better ones is important. Fintech trends in 2018 will focus on improved validation for identity and automation against fraud.

Digital Wallets

Exchanging currency when in foreign countries is a big hassle. You definitely don’t want to use that suspicious corner to save cost on exchange fee but you also don’t want to pay too much at the airport. With better Fintech run digital wallets, 2018 will experience better travel experiences when it comes to money exchange. No longer will you have to waste your travel time or get stressed over this. Exchange systems have been dominated by the traditional players for too long but latest technologies are making way. Also, people are more privy to using them because of easier, quicker, and better-secured transactions.

Biometric Technology

Hacking is no new thing in the financial markets. More and more people are prone to making online payments to save time and hassle. But hacking has been an issue in the market that has forced a demand for optimized security. Fintech is introducing biometric technology to reduce the risk of such breaches. This not only includes fingerprint technology but iris and face detection as well.

Artificial Intelligence

Financial advisors may have a hard time in the future as the trend of artificial intelligence takes off within the sector. Many wealth management services are now making use of machine learning. These provide a more accurate prediction of the market changes so people can have a proactive and smarter approach to investment decisions.


We are almost near half of 2018 and it is safe to assume that more Fintech trends may emerge by the end. Possibly, more specific ones for small businesses.


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