FinTech Investment, Innovation, Ideology and Technology 2022: Rising Demand for Online Financing Fuels Growth – ResearchAndMarkets.com: Research and Markets

2022 DEC 07 (NewsRx) -- By a News Reporter-Staff News Editor at CDC & FDA Daily -- The “FinTech: Investment, Innovation, Ideology and Technology” report has been added to ResearchAndMarkets.com’s offering. The fintech sector includes providers and users of software and services in various subsectors, including retail banking, lending, payments, wealth management, insurance, regulatory compliance and data analytics. This diversity makes it difficult to estimate fintech’s overall global value in a way that makes sense, due to the problem of finding an overall common denominator. For example, it is convenient to value the consumer banking subsector in terms of bank revenues, lending in terms of loan originations, investment advice in terms of assets under management, insurance in terms of the amount of insurance underwritten, and so on. All these values can be expressed in monetary terms, of course, but they represent fundamentally different concepts. Financial technology (Fintech) is the integration and application of technologies for the development of services and products in the financial industry, and focuses on automating and improving the use and delivery of financial services. Rising demand for online financing, growth in the use of innovative technologies in the current business operation of financial institutions and banks, and swift growth in advanced technology such as artificial intelligence are fueling growth in fintech technologies. The global fintech market is expected to grow significantly due to the increasing investment prospectus by fintech companies. The COVID-19 pandemic has had a major impact on the global fintech market, due to the rise in adoption of digitalized and online financial product lines by consumers. Furthermore, Fintech companies are firming up their funding and capital from lenders and investors. Access to financial services is necessary for economic growth and poverty reduction, particularly during the pandemic. To unlock new growth, achieve customer-centricity, and meet or exceed customer expectations, requires innovation in order to renovate core businesses. The following table indicates the value of each fintech subsector, along with the units being measured. No value is given to the total market, because it would not be particularly meaningful in view of the different units of measurement, nor would it be helpful to try to compare the sizes of different subsectors. Report Includes An up-to-date overview of the global markets for financial technology (fintech) with emphasis on investment, innovation, ideology and technology

Analyses of the global and regional market trends, with historic market revenue for 2021, estimates for 2022, and projections of compound annual growth rates (CAGRs) through 2027

Coverage of the technological, economic, and business considerations of the global fintech market with analyses and market forecasts through 2027

Estimation of the actual market size and revenue forecast for global fintech market in USD million terms, and corresponding market share analysis based on technology, product segment, services, deployment type, end user, and region

Updated information on the recent industry structure and expected future developments in the fintech field, their market impact and implications on the global financial services industry

Insight into the major technology challenges, issues and risks, government regulations, demographic factors, and COVID-19 impact on the global fintech market

Discussion of latest market developments, merger and acquisition deals, partnerships, collaborations and other strategic alliances within the global financial services industry Key Topics Covered: Chapter 1 Introduction Chapter 2 Summary and Highlights Chapter 3 Market and Technology Background Chapter 4 Global Fintech Market by Product Chapter 5 Global Fintech Market by Deployment Mode Chapter 6 Global Fintech Market by Service Provider Chapter 7 Global Fintech Market by Technology Chapter 8 Market Breakdown by Region Chapter 9 Analysis of the Competitive Landscape Chapter 10 Company Profiles Companies Mentioned ACI Worldwide Inc.

Ant Financial Services Co. Ltd.

Dentacoin B.V.

Digital Asset Holding LLC

Financial Blockchain Shenzhen Consortium (Fisco)

Finastra

Fiserv Inc.

Google Inc.

IBM Corp.

Mastercard

Paypal Holdings Inc.

Temenos AG

Visa Inc.

For more information about this report visit https://www.researchandmarkets.com/r/j15v8q View source version on businesswire.com: https://www.businesswire.com/news/home/20221123005233/en/

(Our reports deliver fact-based news of research and discoveries from around the world.)