Platformification of the Global Fintech Landscape in the Twenty-first century: Opportunities and Challenges
Opportunities and Challenges
Keywords:
Fintech, digital, technology, platformification, banking, finance, economyAbstract
The era of Fourth Industrial Revolution (4IR) began in the 21st century, and the world is on the cusp of a wider and broader interconnected form of life and being, which is characterised by the emergence, use, institutionalisation and internationalisation of Fintech. According to the study, the current emergence of Fintech has led to platformisation and platformification of the global technology landscape, especially in the financial sector. The article surveys and analyses these transformations in the Global FinTech landscape, wherein the analysis focuses on mitigating the emerging complexities, challenges and issues related to the Fintech landscape.