Fintech is an industry composed of companies that compete with traditional financial institutions by implementing new, innovative technologies into their working process. The cryptocurrency Fintech sector has been exploring the use of blockchain and blockchain-based applications as a new technology to challenge traditional ways of doing business. Blockchain, smart contracts and cybersecurity are some of the most actively researched areas of Fintech. Crypto Fintech sees cryptocurrencies as a means of establishing a secure and traceable way of transferring assets and getting rid of intermediaries. However, blockchain is not only suitable for regular transactions, but may help in such fields as voting and dividends management by establishing a trusted and immutable network with unchangeable records about past events.
Hinikayat ng Blockchain Association, Crypto Council for Innovation, at ng mga kaalyado sa fintech ang CFPB na tapusin na ang panuntunan sa open banking na titiyak na ang mga mamimili, at hindi ang mga bangko, ang may kontrol sa kanilang datos.
Ang tradisyonal na sistema ng compliance ay hindi nakasasabay sa 24/7 na operasyon ng mga crypto market — ang mga AI-native na sistema na naka-embed sa core ay nag-aalok ng real-time na pagtukoy ng panganib at mga solusyong maaaring palakihin.