A Study on the Future of Digital Payment: Managing Innovation and Challenges in Fin Tech

P Gopika; S.A Bharath Priyadharshan

doi:10.34293/sijash.v12iS1-Feb.9621

P Gopika 1 MBA, School of Management, Dwaraka Doss Govardhan Doss Vaishnav COLLege, Chennai, Tamil Nadu
S.A Bharath Priyadharshan 1 MBA, School of Management, Dwaraka Doss Govardhan Doss Vaishnav College, Chennai, Tamilnadu

DOI: https://doi.org/10.34293/sijash.v12iS1-Feb.9621

Keywords: The Advanced Installments, FinTech Development, Blockchain Innovation, Counterfeit Insights (AI), Real-Time Installments, Decentralized Back (DeFi), Cybersecurity, , Decentralized Back (DeFi), Biometric Verification, Administrative Compliance, Buyer Believe, Risk Management

Abstract

The advanced installment scene is advancing with advancements like AI, blockchain, and realtime installments, upgrading speed, security, and client
involvement. Rising patterns incorporate decentralized fund (DeFi), biometric verification, and inserted installment systems. Key challenges
incorporate cybersecurity dangers, administrative compliance, and keeping up shopper believe. To succeed, FinTech firms must adjust advancement with hazard administration, adjust to changing controls, and cultivate associations for feasible development within the advanced economy.