The past year, as the fintech industry is acutely aware, has not been without its challenges. From the continued COVID-19 global pandemic to whispers of a looming recession, and with mass layoffs to follow, the fintech industry has faced incredible uncertainty.
Future of Fintech
As we look ahead to 2023, we can’t help but anticipate the disruption and breakthrough that’s to follow such great challenges. Innovation will remain a core business driver, but so too will conventional business best practices. There are three core products and services to watch in the year ahead as businesses look to remain competitive in a challenging economic environment: the expansion of Platform as a Service (PaaS), credit-building tools and resources, and customer-first business operations.