Advent of Technology in the Financial Sector: A Step into the Future

Vol-8 | Issue-09 | September-2021 | Published Online: 13 September 2021    PDF ( 279 KB )
DOI: https://doi.org/10.53573/rhimrj.2021.v08i09.009
Author(s)
Sanya Kanwar 1; Drishti Verma 2; Dr. Gaurav Lodha 3

1Student, B. Com Honours, Department of Commerce, Manipal University Jaipur

2Student, BBA, Department of Business Administration, Manipal University Jaipur

3Professor, Department of Commerce, Manipal University Jaipur

Abstract

The financial sector of the economy provides financial services to both retail and commercial customers. With the introduction of interfaces like Python and R Programming, the finance sector has stepped into a world of “FinTech” with its own costs and benefits. The emergence of technology in the financial sector has revolutionised the way the sector has operated for years. The surge of technological advancements has led to the creation of new and improved business propositions, such as online investment, crowd funding, digital currencies and so on.

Statistics
Article View: 456