Process automation: Technology has enabled the automation of numerous financial processes, from accounting to investment portfolio management. Algorithms and artificial intelligence systems can perform routine tasks faster and more accurately than humans, reducing errors and freeing up time for more strategic activities.

Fintech and digital financial services: The proliferation of fintech companies has democratized access to financial services. From peer-to-peer lending platforms to investment management apps, technology has made it easier for people to access financial services quickly and conveniently, even without a physical presence in a bank branch.

Data analytics and big data: The ability to collect and analyze large amounts of data has transformed the way financial decisions are made. Through data analytics, companies can identify trends, predict risks and opportunities, and customize products and services to meet customer needs more effectively.

Mobile and digital payments: Mobile payments have gained popularity thanks to the convenience and security they offer. From digital wallet apps to proxy payment systems, technology has simplified the process of making financial transactions, eliminating the need to carry cash or physical cards.

In short, technology has been a catalyst for positive transformation in the world of finance, improving the efficiency, accessibility, and security of financial services for individuals and businesses alike.

Translated by: A.M