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The impact of rapid development of Fintech on economy and society

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DOI: 10.23977/FEIM2020.044

Author(s)

Anna Huang, Zixian Chen

Corresponding Author

Anna Huang

ABSTRACT

The development of Fintech indicates the trend of future social composite development. “Finance + technology” bridges the gap between finance and technology. For the financial industry, the development of Big data analysis, Machine learning, Artificial intelligence and Block chain has challenged the traditional financial model, and the development of artificial intelligence is even more unstoppable, making people gradually realize that “AI in all domains”, Artificial intelligence can gradually adapt to the development of various fields.

KEYWORDS

Fintech development, economy, society

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