Fintech represents a powerful synergy of these industries and promise to bring out modern banking to a new level. Being in a firm embrace with each other, financial services and technology innovations will provide institutions with new opportunities that expand far beyond traditional banking services. Fintech can considerably improve customer experience, combining new data processing and storage strategies with advanced analytics and new capabilities of cybersecurity. Here we will overview six global trends that will disrupt the banking industry in the upcoming year. In 2019, the buzz around artificial intelligence applications in fintech was huge.

If you use assistive technology (such as a screen reader) and need a version of this document in a more accessible format, please email webmaster@digital.fco.gov.uk. Please tell us what format you need. It will help us if you say what assistive technology you use. The UK's Department for International Trade (DIT) is pleased to announce 12 high-growth Canadian FinTech companies from across 5 major Canadian cities chosen to participate in a trade mission to the UK – 21- 25 October 2019. These leading companies have collectively raised over half a billion in venture capital and are well positioned for global expansion.