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International Journal of Trend in Scientific Research and Development (IJTSRD) ISSN: 2456-6470

Current stake of Fintech in banking activities till Fintech adopted banking vs Traditional Banking
2017 Banking at today’s date become an Easy & On-The
Fintech Adoption Rates across 10 different country Go activity. Gone are the days when banking use to
Markets – be difficult task, an annoying activity, which in many
Countries Percentage cases required an entire day off for the usual
Average 33% transaction. Innovations with the collaborative
China 69% Technologies (Internet and Mobile phone) has
India 52% virtually empowered the banks to be at the customers
United Kingdom 42% place ant any place and at any point of time. Today
Brazil 40% we are able to bank from our smartphone 24X7 and
Australia 37% accomplish most of our banking transaction in few
Spain 37% seconds, where it was a challenging situations in 90’s
Mexico 36% and early 2000’s. The changing time is also changing
Germany 35% the needs and wants of the individuals.
South Africa 35%
United States 33%

@ IJTSRD | Available Online @ www.ijtsrd.com | Conference Issue: ICDEBI-2018 | Oct 2018 Page: 176