"Leadership and Challenges" An Empirical Study on Economic Growth in the Field of Financial Technology in the Present Era

Finance plays a signi cant role in the world. Technology in the  nance  eld has
made tremendous changes in the economy. Without adopting innovation strategies,
companies will lose their competitive advantage in an increasingly commoditized
world. There is no limit to lose, as technology change accelerates exponentially, and
new digital platforms and devices are emerging. Furthermore, the expectations of
the new generation are such that companies must keep up with the pace of change or
lose relevance. They adopt their lifestyles to each new technological invention, and
in the midst of all this, we need to keep in mind the problems of digital change such
as customer relationship, increased competition, and constant digital engagement
with the consumer. These paper technological inventions have revolutionized each
sector of society by reducing human labor, bringing ef ciency, and increasing
productivity. This research is a stepping stone in exploring the interaction between
Fintech.
Fintech, the word which originates from “ nance” and “technology”, designates
currently a novel, innovative, and emerging  eld which attracts attention from the
publicity. Through this paper, we also identify drivers of  n-tech and put them in
the context of  nancial and digital innovation research. There by we provide an
objective understanding of  n-tech, how it is re ected in popular media. As the
world becomes progressively more connected through the internet of everything. The
emergence of  n-tech is beginning to disrupt the  nancial world with transformative
changes. The unique consumer behavior and banking habits of millennials, coupled
with their pro-technology attitude, facilitate the rapidly advancing disruptive
revolution of  n-tech. Banks and  nancial institutions alike have been adopting
innovative technology to cater to the ubiquitous use of mobile devices. As many ntech
companies accelerate their customers with more convenient nancial services experiences at much lower costs.