Affiliation:
1. Başkent University, Turkey
Abstract
Fintech, the convergence of finance and technology, fuels innovations and insights in the financial services industry. Rapidly evolving, it offers solutions making financial services more accessible, efficient, and user-friendly. Forecasts suggest significant revenue growth, with the sector poised to reach $1.5 trillion by 2030. Key trends driving this expansion include mobile payments, blockchain, AI and ML, digital banking, robo-advisors, biometric security, Insurtech, and regulatory advancements. These innovations reshape banking, payments, investment, and transactions, marking a transformative era in financial services fueled by digitization and technological advancements.
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