Published Paper Details:

As technology integration becomes more prevalent in daily life, Fintech aims to address the shortcomings of traditional banking methods, enhancing efficiency, accessibility, and user-friendliness. Fintech driven by various factors, including increased demand for convenience, financial inclusion, cost reduction, technological advancements, and customer-centric approaches. Consumers expect faster, more convenient financial services, and Fintech innovations like mobile banking apps and digital wallets cater to this demand. Fintech also offers cost-effective solutions, such as low-fee payments and investment platforms. Fintech companies focus on improving user experience, leveraging open banking, disrupting traditional financial systems, and integrating with consumers' tech-savvy lives. The motivation behind fintech is to modernize financial services, reduce costs, and leverage technology to better serve consumers in a rapidly evolving digital world. The fintech industry has experienced significant growth in worldwide and transformation, with a projected $1.5 trillion in revenues by 2030. The fintech industry has experienced significant growth in India and transformation, driven by technological advancements and evolving consumer preferences. The global fintech sector is projected to reach $1.5 trillion in revenues by 2030, with a 14% growth over the past two years. Fintech, a technology integrating artificial intelligence, Block chain, and big data, has transformed financial services like banking, payments, lending, and investment. Collaboration between traditional institutions and fintech start-ups will drive innovation, creating new opportunities for businesses and consumers. Its demand is increasing day by day and will continue in near future.