Understanding how Artificial intelligence is Redefining the Fintech

In the modern world, fintech essentially means financial technology that offers improved financial services and solutions. It prompts the use of digital technology that is focused on startups and new market entrants, innovating products and services. Today customers do not go for services being provided by the traditional financial services industry. They opt for services that bring quick and prompt responses based on their query. Thus, fintech is gaining significant momentum in the industry, disrupting the typical value chain.