The banking sector is currently undergoing a revolution fueled by technology, with advancements in artificial intelligence (AI), machine learning (ML), robo-advisors, and voice payments paving the way for a more innovative and inclusive future. As these digital technologies become more accessible, banks and financial institutions must adapt to remain competitive and relevant.
In recent years, the fintech industry has been disrupted by the emergence of micropayments. Micropayments refer to small transactions that are typically less than $5 and are processed electronically.