Published Paper Details:

Abstract Due to rapid development in web technology, the financial services industry has seen drastic technology related changes over the past few years. Business firms improve IT departments in its efficiency and facilitate change into financial innovation. FinTech start-ups are establishing upon the standard markets, and developing customer friendly solutions. Banking and financial institutions develop heat and urge within themselves to excel their performance in web based financial solutions. It starts from multi-service low cost solutions to inbuilt huge Artificial Intelligence systems. Now the time has come to think and rebuild a self engineering system of protection against financial crimes and frauds. Newly developed financial systems and solutions should immune themselves from infections like hacking ,phishing etc. The statement is clear that challenges are in front of financial service technology. This paper deals with the fintech innovations and various technologies adapted by financial institutions and financial transactions and also to understand the trends of various technologies in India.