The Impact of Fintech on Banking Services in the Rural Sector

Abstract

FinTech has become a disruptive force in the financial sector as a consequence of the quick expansion of technology. This study examines how the use of FinTech solutions has resulted in financial inclusion and banking services in rural areas. The study examines the advantages and difficulties of applying FinTech to rural banking, including better access to financial services, higher effectiveness, and lower costs. Additionally, it looks into potential obstacles to the acquisition and use of FinTech solutions in rural areas. The out turn shed light on how FinTech generally affects financial services and what it means for rural development.