FINTECH : DISRUPTION AND OBSTRUCTION

BY- HIMANSHU BHARDWAJ

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TWINKLE GOYAL
MIB (2019-21)
 CONTENT
1. Objectives
2. Introduction
3. Research Methodology
4. Disruptions
5. Obstructions
6. Key Catalyst
7. Finding and Conclusions
8. Scope of further research
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 INTRODUCTION
What is Fintech?
Fintech is a term which is generally used to describe financial technology. It means that
any industry including any kind of technology in financial services - from businesses to
consumers comes under Fintech. Fintech defines any company that delivers financial
services through software or other technology, and includes whatever from mobile
payment apps to cryptocurrency.

Fintech industry expected to be double from current 1.2 billion to 2.4 billion by 2020
asper NASSCOM

Current CAGR- 20.18%

Adoption Rate- 60% (Second highest in the world) 3

 OBJECTIVES

1. The objective of this paper is to know the major catalyst in Fintech sector

2. To find out the hurdles which may obstructing the growth of Fintech sector
 RESEARCH METHODOLOGY
The research is a conceptual research. All the information has been collected
from different research papers, articles, blogs, and so on.

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 DISRUPTIONS
1. Peer-to-Peer (P2P) disposal Services

2. Payment Services

3. Remittance Services

4. Personal Finance or Retail Investment Services

5. Miscellaneous code Services

6. Equity and Crowd Funding Services

7. Blockchain
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 KEY CATALYSTS

1. Smartphones Adoption

2. Interest from Venture Capitalist

3. Support from the government and regulators
4. Collaboration of Financial Institutions

5. Drawbacks of traditional financial methods

6. The release of UPI based services

7. Unmet Financial Needs 7

 OBSTRUCTION
1. Regulatory Framework

2. Financial Ecosystem
3. Data Security and Privacy Risk

4. Consumer Confidence

5. Lack of Awareness

6. Cash Market

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 FINDINGS & CONCLUSION
1. Fintech is the present and definitely our future, it’s not a question of ‘if’ but
‘when’.

2. Fintech are planned to disrupt Financial Services Industry the way Smart
Phones did to Nokia & Kodak.

3. It’s important for regulators to protect consumers and promote the

Ecosystem.

4. India’s immense population and large below banked and new the bank can
produce chance in this sector.
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 SCOPE OF FURTHER RESEARCH

There is an opportunity to delve further into the Indian Fintech space and
analyze much more in depth what has worked over there.
Further research may be directed towards specific areas like wealth
management, regulations, cryptocurrency, crowdfunding, asset
management and so on.
 REFERENCES
1. Sraders Anne, March 8, 2019, What Is Fintech? Uses and Examples in 2019, Retrieved from
https://www.thestreet.com/technology/what-is-fintech-14885154, on November 1, 2019

2. KaganJulia, June 25, 2019, Financial Technology – Fintech, Retrieved from https://www.investopedia.com/terms/f/fintech.asp, on
November 2, 2019

3. FinTech Innovation Map Reveals Emerging Technologies, Retrieved from https://www.startus-insights.com/innovators-guide/fintech-

innovation-map-reveals- emerging-technologies/ on November 1, 2019

4. Antonio Cavallo Marco, December 16, 2016, The FinTech effect and the disruption of financial services, Retrieved from
https://www.cio.com/article/3148756/the-fintech-effect-and-the-disruption-of-financial-services.html on November 1, 2018

5. Maraous Jim, 10 technologies that will disrupt financial services in next 5 years,Retrieved from
https://thefinancialbrand.com/77228/technology-trends-disrupting-financial-services-banking-future/, accessed on November 2,
2019.

6. February 11, 2018, What’s Driving India’s Fintech Boom?, Retrieved from
https://www.fairobserver.com/region/central_south_asia/india-fintech-whatsapp-tech- news-headlines-today-30980/ accessed on
November 2, 2019

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THANK
YOU