FinTech 2021 is where diverse ideas collide & the best ones emerge as a new product or service.
Fintech is used to enhance financial services and processes.
It’s a rapidly growing industry serving both consumers and businesses.
From mobile banking & insurance to cryptocurrency & investment apps-FinTech has broad applications.
Why FinTech?
The Fintech industry is growing rapidly. Traditional banks and vanguard institutions are huge supporters of financial technology and are actively investing in, acquiring or partnering with FinTech startups- all in the name of moving the industry forward and staying relevant. This is your chance to be part of that change!
Here are the four line up of challenges going down as Fintech 2021 d day event starts today:
Challenge 1
Artificial Intelligence – Payment solutions for the developing world
Using AI means viewing banking operations through an automation and augmentation perspective.
The requirement of formal IDs creates difficulties for people around the world, especially individuals in developing nations.
It prevents them from engaging in the banking system. How can we use the latest technologies to introduce the banking experience to them?
Challenge 2
Longevity Banking – Optimizing Wealth for the 60+
The longevity of financial industry is set to disrupt the business models of pension funds, insurance companies, banks, investment firms, and reshape global financial systems.
One example is FinTech banks reconfigured for seniors as an AgeTech-Longevity bank. What services/products can you develop to help the silver generation?
Challenge 3
Payroll Fintech – Flexible access to earned wages
In a digital age people want more from their money. There is a need for a seamless, digital payroll system that cares for employees and offers a unique pay experience.
Create an innovative & tech-driven platform that delivers cost savings to customers and a host of value-added benefits to their employees.
Challenge 4
RegTech – Regulatory systems for the modern era
RegTech is a niche segment within the FinTech ecosystem and is a new disruption in the financial services space. Regulatory changes in the financial sector are increasing rapidly.
Coping with the high volume of new regulatory changes overburdens & imposes high complexity upon financial institutions. We challenge you to create innovative regulatory-driven transformations.
You can still register here.
Source: LinkedIn
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