The Rise of Fintech: Transforming Financial Services and the Role of Finance Professionals
Financial technology is swiftly moving forward and significantly disrupting the traditional financial services panorama. From the very beginning, FinTech has inflated to include other technologies including Blockchain, Artificial Intelligence, Machine Learning and Decentralized Finance (also known as, DeFi). The pertaining transition is changing the ways of services being delivered and modifying the responsibilities and the skills required in a finance professional.
This paper evaluates the overall progression in FinTech, its inference in the financial services industry, and the required adaptability of finance professionals to stay afloat/ updated in the ever so changing technology sponsored automation, data analytics and emerging trends in technology.