Top 5 Future Trends In Financial Industry
A rapid change is being seen in the world of finance. Find out the top 5 future trends in financial industry. Whether you like it or not, money is a fundamental component of society. And our relationship with money - how we use it, who we trust to look after it, and how we expect to be treated as financial customers – is changing. Four significant trends, in particular, will have an impact on the financial sector in the next years. Let's take a look at those game-changing trends. Here are the top 5 future trends in financial industry: Account Aggregator The Account Aggregator (AA) framework is the most recent digital revolution in India. Banks will act as data suppliers in the proposed system, followed by lenders as data seekers, with AAs serving as a conduit for communication between lenders, third parties, and banks operating inside the AA framework. This framework, which facilitates data sharing with user consent, is a collaborative project of four major ...