Global FinTech Evolution 2020: Over the last few years, technology innovation has led to a FinTech boom, with digital disruptors cropping up across the world to serve consumers across payments, FX, investments and lending. Free from legacy systems, FinTechs can quickly adapt and focus their services to offer consumers a more convenient, tailored and cost-effective service, and make financial services more widely accessible. The Global FinTech Evolution 2020 is a comprehensive review of the rise of FinTechs, exploring consumer appetite for digital financial services across ten international markets of Australia, Canada, China, France, Hong Kong, India, Mexico, Singapore, the UK, and the USA. With just under half of consumers globally having used a FinTech, the report examines the key appeals of new and emerging players and how uptake of these services is likely to affect traditional banking paradigm.
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