Business Intelligence in FinTech
With the ever-increasing competition in the Fintech landscape, investors are seeking ways to make meaningful investments. The market for this new revolution has always been diverse, unique, and unconventional. According to global reports, Fintech has experienced a sudden decline from $46.7 to $24.7 billion within a span of one year, i.e. 2015 to 2016. While these reports narrate one half of the story, some of the other stats reflect a different side.
Tapping into the right channels
It’s pretty clear that Fintech offers a host of possibilities to investors. However, they have to be careful and invest in areas which aren’t yet saturated. If you wish to make meaningful investments and leverage available resources, it would be imperative to tap into profitable channels.
From innovative startups and tech giants to traditional institutions, every single business entity is vying for attention thus grabbing significant market share. Governments of various countries are also trying hard to enforce regulations on Fintech. In a nutshell, it is crucial to identify the avenues that change the face of Fintech and help you make the most of your resources.
Although the performance of the Fintech Industry isn’t that impressive in the US, reports from Asia state a different story altogether. The continent records a total investment of $7.1 billion which is huge and magnanimous. So, BI can prove to be the game-changing force for the Fintech industry if implemented in the right way.