Open banking has opened up a new collaboration line for Banks to forge a partnership with Fintechs and build new business models using a set of banking APIs. Fintechs have also lapped up these opportunities to create new business models
WealthTech is a subset of FinTech, that uses advanced cutting-edge technologies and digital solutions to make traditional wealth management automated, more efficient, and digital.
Technologies that are used in WealthTech services are- Artificial intelligence, machine learning, Natural Language Processing (NLP),
NEXT YEAR WILL SEE A HUGE INCREASE IN SETTING OF STARTUPS:
Covid has adversely impacted the livelihood across all segments and levels. We see many of these impacted people focus on building their own start-ups in 2021 as they see newer
