Some FinTech firms that have innovated their business are discussed below.
As financial firms are increasingly turning towards software development, Machine Learning(ML), Artificial (AI), and Big Data are becoming the new trends for FinTech solutions and financial services innovations. Marketplace lending is the latest field that is ripe for new innovation with Artificial Reality (AR) and Machine Learning. President of Global Credit Risk for American Express stated that “Fintech industries and Digital lenders have completely changed the customer experience and expectations by creating flexible and excellent choices with regards to a range of offers and prices”.Some FinTech firms that have innovated their business are discussed below.
