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Showing posts from November, 2021

What are the Challenges that can be Overcome by Fintech Software Development?

  What is the Market Overview of Fintech Software Development? Actually, there are many arguments to make to realize how profitable it is to use a business model in fintech. When it comes to business, the number is always one of the main priorities. Global fintech market is expected to grow at nearly 20% per year and its value should reach US $ 305 billion in 2025 (GlobeNewswire). 60% of credit unions and 49% of banks in the US seriously appreciate the partnership fintech (FinancesOnline). 25% of the market in fintech holds digital payment processing (McKinsey). There are about 12,000 fintech startups that are taking place across the world. 46% of the company's global fintech believe that artificial intelligence technology is worth investing in. 77% of financial institutions will remain focused on the modernization of the increase in customer retention operations (PWC). 46% of consumers prefer to use only digital channels for personal banking (Singularity University). 93% of compan