FinTech Investments, Innovation, Ideology and Technology:

Dublin, Nov. 17, 2022 (GLOBE NEWSWIRE) — The report “FinTech: Investment, Innovation, Ideology and Technology” has been added to ResearchAndMarkets.com offer.

The fintech sector encompasses providers and users of software and services in various sub-sectors, including retail banking, lending, payments, wealth management, insurance, regulatory compliance and data analytics. This diversity makes it difficult to estimate the overall global value of fintech in a meaningful way, due to the problem of finding a common overall denominator.

For example, it is convenient to evaluate the consumer banking sub-sector in terms of banking revenues, lending in terms of lending, investment advice in terms of assets under management, insurance in terms of the amount of insurance underwritten, and so on. All of these values ​​can be expressed in monetary terms, of course, but they represent fundamentally different concepts.

Financial technology (Fintech) is the integration and application of technologies for the development of services and products in the financial sector and focuses on automating and improving the use and delivery of financial services. The growing demand for online finance, the growth in the use of innovative technologies in the current business operation of financial institutions and banks, and the rapid growth of advanced technology such as artificial intelligence are fueling the growth of fintech technologies.

The global fintech market is expected to grow significantly due to the growing investment prospect by fintech companies.

The COVID-19 pandemic has severely impacted the global fintech market, due to increased consumer adoption of digitized and online financial product lines. Additionally, Fintech companies are stepping up their funding and capital from lenders and investors. Access to financial services is necessary for economic growth and poverty reduction, especially during the pandemic. To unlock new growth, achieve customer centricity, and meet or exceed customer expectations, innovation is needed to revamp core businesses.

The table below indicates the value of each fintech sub-sector, along with the units measured. No value is given to the total market, because it would not be particularly significant given the different units of measurement, nor would it be useful to try to compare the size of the different sub-sectors.

The report includes

  • An up-to-date overview of global financial technology (fintech) markets with a focus on investment, innovation, ideology and technology
  • Analysis of global and regional market trends, with historical market revenue for 2021, estimates for 2022 and projections of compound annual growth rates (CAGR) to 2027
  • Covering the technological, economic and business considerations of the global fintech market with market analysis and forecasts up to 2027
  • Actual market size estimation and revenue forecast for the global Fintech market in USD millions and corresponding market share analysis based on technology, product segment, services, deployment type, end user and region
  • Up-to-date information on the recent industry structure and expected future developments in the fintech industry, their impact on the market and implications on the global financial services industry
  • Insight into key technology challenges, issues and risks, government regulations, demographic factors, and the impact of COVID-19 on the global fintech market
  • Discussion of the latest market developments, M&A deals, partnerships, collaborations and other strategic alliances within the global financial services industry

Main topics covered:

chapter 1 introduction

Chapter 2 Summary and Highlights

Chapter 3 Market and technology context

Chapter 4 Global Fintech Market by Product

Chapter 5 Global Fintech Market by Distribution Modes

Chapter 6 Global Fintech Market by Service Provider

Chapter 7 Global Fintech Market by Technology

Chapter 8 Market Breakdown by Region

Chapter 9 Analysis of the competitive landscape

Chapter 10 Company Profiles

Companies mentioned

  • ACI Worldwide Inc.
  • Ant Financial Services Co. Ltd.
  • Dentacoin B.V
  • Digital Assets Company LLC
  • Shenzhen Blockchain Finance Consortium (Fiscal)
  • Window
  • Fiserv Inc.
  • Google inc.
  • IBM Corp.
  • MasterCard
  • PayPal Holding Inc.
  • Temanos AG
  • Visa Inc.

For more information about this report, please visit https://www.researchandmarkets.com/r/3nwfl9


        

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