With economies still reeling from the effects of the pandemic, business challenges are not going to slow down anytime soon. The rise in inflation rates is only going to add more fuel to this fire. But those businesses which have embraced the latest technology will most likely sail through the sea of challenges. Along with technology, strategic leadership that leads with agility will also help organisations have a steady stream of revenue.
India, which has traditionally been a cash-driven economy for long, is steadily adopting to the digital ways of payments and cashless transactions. According to a report, the economic impact of fintech is expected to give 700 million dollar boost to the country’s GDP. The sector is also creating meaningful opportunities for the talent landscape, especially in the field of AI, Blockchain, Machine Learning, Predictive Analytics, etc. Fintech is largely defining the ways of transactions in India, from small payments to big ones. This will create a huge talent opportunity in the years to come.