Top 5 New Popular Fintech Trends in 2019

Throughout the first years of the 21st century, we have seen growth in the financial sector in the form of automated services, financial literacy, and innovative methods. But the financial revolution is just beginning. In this article, we gathered some of the most popular fintech trends taking over the world in 2019.

  1. AI focused Predictive Banking
    One of the most impressive innovation trends in 2019 will be the advanced shift to predictive banking. For the first time, the financial sector can connect all internal and external information and build predictive profiles of clients and consumers in real time. With rich, accessible and financially useful customer data, financial companies will not only know their clients but also advice on the future.

This amplified use of data will improve the clients’ experience while enhancing safety and productivity.

  1. Biometric Technologies
    Although the digital age has a lot of advantages, the disadvantages are always there. Financial institutions have been challenged by cyber hacks and security as well. The financial sector is critical thus security is a very prime concern for fintech.

Biometric technology has, since, been utilized to restrain fraud. Also, the use of biometrics for faster verification has come as a relief to consumers. You don’t need to memorize passwords or worry that you don’t remember them.

Various banks have begun investing in biometrics-based verification that utilizes smartphone cameras to scan the iris and the smartphone’s inbuilt fingerprint scanners.

The fear of fraud has been considerably decreased as all fingerprints are different; thus no one can steal from you.

  1. Blockchain technology:

One of the most exceptional and helpful fintech innovations is without doubt blockchain technology. Blockchain reduces paperwork by using a digital ledger that is distributed among several users and ensures that no single user has full access to data. Once a record has entered the digital leger it is virtually impossible to modify it.

Since blockchain is decentralized, it ensures liability through permanent audit trails, increases performance by getting rid of the middle-man and also ensures that sales and settlement processes in financial institutions take only a few seconds.

Through the blockchain, the verification a persons identity who wants a loan or wants to invest will be easy. In a few years, almost all the major banks will utilize blockchain technology to reduce cost and also reduce transaction time.

  1. Automation
    Automation may scare, but banks have already been using it to increase efficiency for a couple of years.

By increasing the use of automation technologies, banks and fintech payment processing systems will increase performance and reduce human error. This means that customers will spend less time and have experience improved efficiency in the banking systems. “We’re so prepared for all of these different fields, we’re particularly looking at the automation processes in fintech” says Jonathan Szeto of Qupital Hong Kong Ltd

  1. Cloud computing

Cloud computing allows banks to swiftly develop new applications, add new services and improve the consumer experience. Mobile banking would be impossible without the cloud. Even Artificial intelligence which is becoming very important to banking institutions is usually cloud-based.

More and more banks in 2019 will use cloud-based platforms to increase efficiency and speed to deliver products to their clients in an improved way.

Companies that have revolutionized the concept of online business

here is no end to the fast-paced innovations in the world of scientific and information technology. It seems like a constant race that will end only when the world ends. Businesses have been there since the beginning of time but only a few have managed to become the most successful ones. The list is pretty long but here we are going to mention a few, which have been built on most unique concepts and ideas, making them the most revolutionized businesses ever.


Everyone knows now, it was created in 1994. Jeff Bezos founded, with an intention to make it an online book store, putting an end to the conventional methods of reading books. 

Yes, used to sell only books and now you can find everything you want to buy. It is now the biggest online global market and people from around the world sell and purchase there. 


This company brought tremendous transformation in the world of digital marketing. Vistaprint was the first of its kind to offer small businesses advanced marketing solutions through the internet in 1999.

It not only provides digital marketing products but also physical marketing products. Their website is beautiful and very convenient to get your orders done. You can get business cards, brochures, flyers, calenders, shirt and what not, printed in the best quality. 


Anthony Casalena made with an intention to provide all the web/internet related facilities under one roof. Although he was lucky to have inherited $30,000 from his father to start –up this business, his brains made him stand out in the crowd of entrepreneurs of his time. provides services like website building, web hosting, content management, blogging, domain registration and much more. 

4. Ethereum

After Bitcoin revolution, there is another mighty revolution in the world of blockchain and that is Etheruem. It is from the world of tomorrow as many such businesses are still not even invented and therefore it is called a revolution. Ethereum is fueled by ‘ether’ which is its basic and most necessary unit for operating the decentralized platform that runs smart contracts. 

It is a development platform of a Swiss non-profit organization, Ethereum Foundation, and with the contribution of great and smart minds across the world is is bound to do great things. To list a few here are some ways Ethereum is used: 

· Design and issue your own cryptocurrency.

· Kick-start a project with trustless crowd sale.

· Create democratic autonomous organization.

· Build a new kind of decentralized application.


The Idea of Mark Zuckerburg and his partner students at Harvard College became a hype in no time. The concept was unique and the idea had the power to take over the world and it did! 

Facebook is one of the most profitable companies in the world and with continued efforts, they have made it stand stronger since it was created. Today, everyone prefers Facebook over any other social media channel and everyone is in love with what Facebook offers.

Learning about the concepts and ideas behind the companies listed above, it can be concluded that the world never stops and the best idea wins. The art is not only in thinking and knowing that you have a great idea in mind, what really matters is in fact how much effort you are putting in your idea to make it real and be part of the race.