Artificial Intelligence, Algo-Banking, Blockchain, Cryptocurrencies and Robo-Advice Form Growth …

SYDNEY, May 3, 2016 /PRNewswire/ — Fintech is a disrupting force and a decentralising movement in the financial services sector. Fintech’s apply information technologies and modern internet protocols for data exchange, and deliver financial services using data storage, data analysis algorithms, or personal telecommunication devices. Digital ecosystems are fundamental to the success of both Fintech and traditional banks.Frost & Sullivan’s study, Fintech in Australia – Trends, Forecasts and Analysis 2015 – 2020 defines and focuses on the growth and challenges of the Australian Fintech sectors’ three market segments; Digital Payments, Personal and Business Finance, and Financial Infrastructure and Data Analysis. Each segment relies on its own set of digital technologies.Digital PaymentsDigital Payments are services offered through a smartphone, POS device, or web-based tool allowing consumers to make payments (online or mobile point-of-sale), exchange currencies…


Link to Full Article: Artificial Intelligence, Algo-Banking, Blockchain, Cryptocurrencies and Robo-Advice Form Growth …