28 Pages
7047 Words
Innovative Measures for Financial Technology Advancement
Chapter 1: Introduction
1.1 Introduction
The Sector of Fintech is an industry and initiative which is influential in the expansion and growth of the financial and economic functions. There are diverse organizational and sector resolutions that are evaluated in the evolution of technical explanations, which would be essential in monetary and financial improvements and betterments. There are electric financial activities and diverse technical explanations which is significantly essential in the depiction of market growth of these fintech enterprises. Through this research, it has been highlighted the different perspectives and insights of detailed research and studies regarding fintech industries by renowned authors. The method of research would be according to the secondary approach and the gaining of insights would be observed by breaking down of qualitative researches.
1.2 Background of the Research
The research regarding the industry of Financial Technology is expanding and refurbishing the initiatives of economic benefits by relieving transactional benchmarks, reducing expenses, motivating ingenious standards, authorizing customers, and enhancing safety and covering standards. The fintech industry of the United Kingdom is one of the most significant establishments for Fintech acquisition, after the markets of the fintech industries of the United Kingdom (Palmié, 2020). The fintech industry of the United Kingdom continues to be the vastly attractive destination for Fintech initiatives in the polities of finance of Europe, and accessions of the sector developed by the valuation of approximately 15.1 billion pounds in the beginning half of the year 2023, with a growth rate of 24 %. Through this interpretation of the growth valuation the market development of the U.K. economy could be observed. The Fintech endeavors in the United Kingdom are comprised of around 1,600 firms, and the number of businesses that are established to creased in the value development which are predicted to 2030 (Researchgate.net 2022). The sector denotes a computed value of 13.4 billion pounds. The value of 11 billion pounds with 76,000 work development to the economizing of the fintech sector of the United Kingdom.
1.3 Research Aim
In this research, it is primarily aimed at the development of financial technologies and the application of the betterment measures of services related to finances. There are opportunities that are presented to be utilized in the development of the fintech industry and also for the promotion of financial transformation (Valverde, 2020). There are also factors for countering of different policies that will be crucial in the litigating of the risk factors. Through the effective development of financial services and policies, the eradication of transactional boundaries and the instigation of innovations will be oversighted.
1.4 Research Objectives
The research regarding the analysis of the improvement of services and instigation of financial sectors and fintech industries of the United Kingdom, There are some purposes that are objected for the future development of these sectors, these are
- To create policies for fostering innovation and developing the fintech industrial market for industrial development.
- To modernize the financial infrastructure and develop regulatory parameters.
- To provide financial solutions for managing and regulating of the risk factors and instigating safety measures in the financial systems.
- To develop practices of the coordination of connections and effective sharing of information that are effectively promoting of the financial industries.
1.5 Research Questions
There are some crucial questions that are arising as these will be effective in the development of the fintech industry of the United Kingdom. These questions are
- What are the innovative measures and development policies that would be in gaining the opportunities by the fintech industries?
- What are the measures of modernization of organizational infrastructure and development of the regulatory parameters?
- What are the financial solutions for risk management and to effectively protect the financial systems?
- What are the developing practices for effective coordination and sharing of information for the promotion of the fintech industries of the United Kingdom?
1.6 Research Rationale
In the understanding of the data dynamics and the development of analysis, the preliminary approach is to instigate innovative measures in utilization of the scopes and effective countering risk situations. There are market competitions that are observed in the retention of customers and would be critical in the maintaining of customer loyalty (Jarvis, 2021). There is data comprehensiveness and consideration of the credit provisions which would be historically beneficial in the transformation of the fintech and banking industry. Through the effective utilization and leveraging of data variances robust analysis of the markets and the infrastructural decision-making could be serviced in the prediction of future progress and development of the fintech organization. Through the segmentation of the decisiveness of customer experiences and the development of capabilities of e-commerce management of considerable measures, investments and instigation of digitization could be streamlined (Mosteanu, 2021). Through the development of digital market capabilities, aggressive cost advantage and replatforing of financial operations could be processed and effective in creating of different cost systems and better customer experience. The innovative approaches of economic activities and financial and technological advancements the future situations could be assessed from the perspective of crucial decision making.
1.7 Research Significance
There is a wave of innovation and developing competitiveness that is observed in the gaining of market insights. It is quite significant for the fintech industry to instigate various policies and attractive services to retain the customer base and to fulfill its goals. Through market segmentation and through adaptability of market and situation changes could be crucial in organizational decision-making. As this market or sector of fintech is quite volatile in nature, the identification of the influential elements could be prospected in the assessment of future scenarios. There could be economic friction in the scaling-up of economies and in shaping of the structure of the industry (Gurrea-Martínez, 2020). There are various technological improvements and significant instigation of innovative approaches could provide better connectivity in the systems. As there are observations of digital transformation, the development of policy regulatory perimeters and coordination between financial transactions could be observed. Through the integration of the financial regulations, the consumer protection and consumer data privacy could be provided in the future operability of fintech industries.
1.8 Problem Statement
In gaining insights into the analysis of major fintech organizations, there are various challenges and concerning factors that are observed in the situational business dealings and could be the factors in determining the solutions.
There are fintech organizations that are currently facing major issues in the perspective of situational awareness of the security of the financial data and customer information. There are over 1862 branches of fintech organization that have lost over 4.24 million pounds in the year 2021 due to the malicious activities of hacks (Asif, 2023). There are also regulatory laws and various money laundering acts, which are operational. For these factors, hiring of legal consultants and effective collaboration of costly pricing models are to be instigated. There are also lacking of technical expertise and user experiences that could gamify the effective tracking measures and could also be a market hindrance in providing market experiences. These factors could differentiate the fintech industry from other sectors.
1.9 Research Framework
![Research Framework]()
Figure1: Research Framework
Conclusion
In summarizing of the insights of this introductory research, it could be concluded that, instigation of innovative actions in utilization of the dimensions and effective countering risk situations. There are market competitors that are observed in the retention of clients and would be essential in the sustaining of customer dedication. There is comprehensiveness of data and contemplation of the credit requirements which would be historically profitable in the modification of the fintech and banking industry.
Chapter 2 Literature Review
2.1 Introduction
In this chapter of the Literature Review, the breakdown of the insights regarding the subject of the research is observed. There are different observations and interpretations of various authors and researches, which could provide different insights regarding their research approaches and situational assessment. The crucial financial insights of the fintech industries of the United Kingdom have shown different market shifts and marketing changes that would be differentiated in the development of dimensions. There are economic frictions and an increase in market comprehensiveness, which could be significant in the development and the fulfillment of the organizational goals and enhancement of the fintech industry.
2.2 Conceptual Framework
![Conceptual Framework]()
Figure 2: Conceptual Framework
2.3 Empirical Study
2.3.1 Fintech Market variances countering measures
According to Apoga, 2020 for the previous decade, FinTech organization are appeared and achieving an acceptable market allocation of the economic benefits sector. Transportable applications, sociable networks, machine learning and understanding, dispersed technology of ledger, big data analytics, cloud computing, & artificial intelligence improve credentials in economic creations and assistance, while expanding recent hazards factors in economic resilience & virtue. The reach of technologies regarding FinTech could be observed to a considerable extent in the development of Fintech epicenters in the cities. The start-ups, allocating, and aptitudes are assembling. Since the fintech's foreword in the United States and United Kingdom almost 10 years ago. It has been disseminated roughly the globe (Apoga, 2020). New hubs of Fintech are appearing, demonstrating the expanse is distant from fully extended. There are considerable new methods in which technologies resume to transform financial courtesies.
The leading challenging situation of confining financial technologies is its diversity and the actuality that this sensation is in an operational phase of maturation. In this instance, federal administrations might deliver the lawful foundation for this effective growing markets not future. To examine the connotations of fintech presented by multinational financial institutions and guiding economizing federal legislation (Baugle et al. 2023). The utilization of compositions and analysis of documents, which is operated to scrutinize the records as an information reference in qualitative analysis. From the perspective of the United Kingdom, there is no detailed regulatory structure for Fintech businesses which are subjected to financial regulation in the United Kingdom. Fintech are restrained like any other business. It delivers courtesies that are handled operability, These services of conventional financial, for representation, lending, and payments. The FCA or The Authority of Financial Conduct does not portray industries of financial technology which delivers guidelines and structure for its disposition. Firstly, Fintech should be creative and innovative. The U.K has designed an innovative strategic policy to enhance the competitiveness of the nation as a standard global locations for organizations of fintech. The FCA established the Innovate Project with objective of motivating invention in economic assistance in retaining of the customers in sustaining imaginative corporations by a spectrum of assistance.
![Global Fintech Startups in the Global Perspective]()
Figure 3: Global Fintech Startups in the Global Perspective
2.3.2 Fintech Challenges and Trends
According to Suryono, 2020 Fintech is a unique economic endeavor that involves various technologies to enhance financial actions. Fintech could be regarded as significant in innovative concepts that enhances financial services procedures by suggesting technological explanations according to diverse business conditions. Start-ups are appropriate to the research, fintechs. and e-commerce are believed in the Fintech industry which is the most suitable and significant innovations in the economic services endeavor and is navigated by financial regulation, sharing of policies, and communication technology. The representation of fintech could be deciphered as the instigation of financial technologies in the domains of finances, economic innovation, and digital creation. In expansion to start-ups the financial services endeavor exceeding of banks. FinTech wasn’t only the application of transmission technology in a financial perspective (Suryono, 2020). Some literature discusses that fintech could also be analyzed as services, start-ups, technologies, organizations, digitalization of industry, unexplored generations, and hazards. The duration in the fintech are referred to the representation that guides to contemporary connections and, in individual, technologies connected to the Internet and organizational movements in the economic industries of services regarding financial transactions. Due to automated processings and the maintaining of ICT, fintech connotes a limitations to the economic sectors of fintech.
![Chart of fintech market size]()
Figure 4: Chart of fintech market size
2.3.3 Digitization of Effective Management and Applicational Trends
According to Segura, 2020, Digitization measures and Technological innovativeness and have countered the concerns and challenges to the economic industries globally. Fintech is the phrase used to specify the instigation of current technologies in providing financial services. The purpose of the research is to investigate this subject extensively (Segura, 2020). Obtaining of the findings the insights into the productivity of scientific breakdown, of the principal thematic variances and their developments. Scientific activities in the financial sectors are expanded, specifically in the previous decade, It is aspired to investigating the aspects of financial, technology transfer, innovation, measures of investment, economic validations, partnerships and associations and commercial. Future analysis lines would be developed in analyzing of banking, financial services, territorial growth, legal administration, the sustenance of financial technologies. It would be ascertained that there are developing dynamics, which is interested in the actualization of the scientific and technological operability of fintech organization at an international standards. The determinations acquired are a supplemented to the understanding regarding economic technologies and authorizing the connection between finances and technological advancements that are to be established and to announce the process of decision-makings.
![Chart of fintech market size]( "Chart of fintech market size")
Figure 5: Chart of fintech market size
2.3.4 Fintech Revolution in Business Integration Policies
According to Giglio, 2021, fintech examines the development of financial inclusion. Following a description of the process of the fintech revolution, some of the key definitions both worldwide and nationally are given. The researchers evaluated a total of 14 articles regarding the exploration of the importance of fintech products regarding financial inclusion.
An increasing number of fintech businesses have adopted six distinct business models. Those include, payment, wealth management, crowdfunding, loan, capital market, and insurance services. The industries of fintech products and industry have been defined by several institutions of global importance. Those are, The Financial Stability Board (FSB), the World Bank Group (WBG), Organization for Economic Cooperation and Development (OECD), the International Organization of Securities Commissions (IOSCO), and the Bank for International Settlements (BIS) ( Giglio,2021 ). On the other hand, a number of nations, including the United States, the United Kingdom, Singapore, China, India, Switzerland, China, Australia, and European Union, have examined of financial technology on a national level.
The researchers had analyzed that, the fintech products could be described as a broad set of innovations. Those innovations had paved the way regarding the use of newer technologies and influenced the capital markets. The fintech products had provided an efficient service to the end users. It also promotes various financial operators in the creation of the market enterprise. And, also not compromise the already existing inter-sectoral financial activities.
As the fintech does not belong to a pre-defined economic sector. It is a standard of innovative, fintech industry models that help to assume out tasks that are directly or indirectly related to financial services. As a consequence of its allegiance to designing an unrestricted and constant grid of modular assistance for companies, someones, and banking, economic, and insurance intermediates. Fintech services were attached to the reasoning of the digital economizing. As a result, fintech has become a potent potential for accelerating the policies of integration of the European Union's economic services demands.
Figure 6: Chart of promotion of innovations in fintech market size
2.3.5 Impacts of Innovation in Performance Evaluation of fintech Companies
According to Fahy, 2022, the study explored the impact of the fintech products and fintech firms on the manufacturing policies and efficiencies. They had compared those results with that of the impact of the digital revolution on manufacturing capabilities at the beginning of the 21st century around the world. The core purpose for the completion of the study was to develop and gather empirical evidence regarding the efficiency of operation of various fintech firms. The study also wants to explore the efficiency of the positive and negative impact on the market price of those fintech firms. The study had followed a qualitative method of data collection. As, the researchers had used the financial data of various fintech and non-fintech companies sourced from the Bloomberg website. The companies were mostly based in the United Kingdom, as well as the United States. The data includes the financial performance records of a total of 1712 companies from 2010 to 2019.
The result of the study found that, the efficiency of those fintech firms in relation to their manufacturing abilities were directly related. This also impacts the market performance of those companies. They also found that, the non-fintech companies had a relatively inferior market efficiency performance in relation to the fintech companies (Fahy, 2022). Thus, they had concluded that the results were an indication of the higher efficiency of the fintech firms, as the results had highlighted the efficiency of the fintech companies in inclusive financing. They also offered a wide range of options regarding financing to various stakeholders, policymakers, the regulatory institutions, among others. They also positively impact the various company investors, environmentalists, workers unions, clients of the companies, and the society at large.
Figure 7: Chart of investments of innovations in fintech market size
2.4 Theories and Models
Theory of Three-Horizon Growth
Three-horizon growth theory is one of the key theories which is appropriate for the identification of the challenges in fintech industry. The research evidence from the study of Pizzi, 2021 the understanding of this management of the three horizon growth theory, would be crucial in the execution of the business capabilities and innovations of the programs and products in the development of the short-term capabilities. In the gaining of the resources and resources from three horizons. The changing assignments and the delivery of the business extensions the definitions and the leadership could be a bounding factor for the development of the technologies (Pizzi, 2021). Through the instigation of this model the variances of the management of wealth according to the development of the assessed elements of future trends. An aspect of this model would be to create a communicative and collaborative adaptation in the regulation of the technologies, which would be crucial in the business development and constant engagement.
Theory of Classical Growth
Classical growth theory have been considered as the most reputated theory that is appreciated for examining the growth of the fintech industry. The Insights of the research from the analysis of Atilak, 2020, the classical theory of growth would be contrary to the growth of the economy. There are theories that would be the leading variances that are limited in the growth of the limiting of the resources. Through the exploration of the limits would be consideration of the economic growth which will commence in regarding of the products and services. There are levels of the situations, which could be constantly represented in the safeguarding of the market growth (Atilak, 2020). There are also economic moves, which would be on the demand of the formation of the market performances. The assessment of regulatory engagement and promotion of growth and innovation would be recommended in the market listings. The classical model of growth considers that aggregated wages do not overreach or descend below the subsistence status (Springer, 2019). Nevertheless, this is not completely accurate. Transitions in the industrial framework and considerable development of the economy.
Model of Neoclassic Growth
The Neoclassical theory of growth proposes that the financial balance of shorter terms is a consequence of inconsistent portions of work and capital finances which recreate an essential functioning in the policy-making process (Sage,2023). The model claims that technological transformation particularly affects the general functioning of the economy. The model of neoclassical growth summarizes the three elements essential for a developing economy (Restoy, 2019). However, the model sets intensity on the assertion which is transient, or tranquility in a shorter period of variances, is separate from long-term balance, and does not demand of the three elements. The fintech industry would be engaging in the implementation of the foundations of innovation. This innovative approach would be merged into the development of the development of effective partnerships.
Model of Endogenous Growth
The endogenous growth model also enhances the key concerns related to the challenges that are faced to the fintech industry and it would be generated in the financial and economic growth of the economy of the United Kingdom (Taylor & Francis, 2020). The Governmental guidelines could increase an economic development rate if the approaches are demanded toward implementing more market competitiveness and supporting promote innovation in outcomes and strategies. Through the instigation of this model the utilization of the opportunities in the development of the Fintech industry in the United Kingdom (Varma, 2022). In this model, the promotion of innovation and regulatory practices would be engaging in the future negotiations of the expertise in the collaborative approach. Through this models and recommendation of the resources. This section would be enabling of this model, the transactions could be invested in the contributed estimation in the investment measures.
2.5 Relationship between IV VS. DV
The independent variable chosen is the analysis of the fintech industry of UK and it' growth and challenges as it have been the concerned topic for the research. There are some depended variables which can be identified through financial policies, financial information modernization, risk factor understanding, coordination development and connectivity and along with all these regulatory parameters development.
2.6 Literature Gap
In the understanding and acquiring of the data regarding the fintech market, the authors have faced different challenges and concerning factors that would be traditionally fragmented in the understanding of the customer data. The emerging challenges that are developing different views and perspectives of the data-driven mindset of the customers would be crucial in the development of the financial services. There are variances that would be crucial in the rapid growth of the innovating approaches. While The United Kingdom and particularly London are comprehended for their fintech expertise, the latest technological tendencies demand an even more significant pooling of talents and distinctive development of specialized technical skills. To sustain the ultimate market positioning, interactions with the business firms observed the requirement of investments in talent maturation and research analysis. The contest for experts in information analytics and machine learning, and cyber security is multinational.
Conclusion
Through the summarization of this section of the market development and instigation of the innovation of fintech industries. There are several monetary market concerns that are observed in the critical circumstances concerning the economic situations of the economy of the United Kingdom. In this understanding of the fintech industry of the United Kingdom, There are different variances that are observed like startups, the technology of blockchain, and management of insurance and assets would be crucial in the instigation of the alternation of the managing solutions of the management of the wealth of the fintech industry. With the shifting nature of the fintech industry, effective cooperation of the diverse sector in this industry like banking, insurance, and management of wealth should be regulated. There are changing market trends that would be effective in the development of the resolutions of the challenging and concerning factors. The opportunities should be optimized in the development of variances of fintech industries.
Chapter 3 Methodology
3.1 Introduction
This chapter on methodology portrays the procedure of the research that are done in the detailed study regarding the research studies. Through the detailed overview of this process, the development of operational research strategies could be observed in the evolution of the analysis. There are effective data collection and gathering of results which are observed to have a connection in this study methodology. Through the interpretation of the methods, procedures, philosophies of the related studies, and proper approaches to data collection would be beneficial in gaining informative insights regarding the instigation of innovative approaches in the fintech industry. There are different drawbacks and concerning situations regarding ethics that would be observed in acquiring of data in different stages in the progress of methodology of this study.
3.2 Research Onion
Figure 1: Research Onion
3.3 Research Philosophy
The chosen research philosophy for this research is Positivism. This has been considered as the most preferred philosophy for this research because it is instigated on the basis of qualitative research data. Through the detailed analysis of the information, effective strategy and making of policy should be regarded in the enhancement of this industry. These regulatory policies could be the enhancing factor for the development of the performance of this sector and to understand the risk factors regarding this sector (Broby, 2021). In this philosophy or paradigm, the knowledge that is acquired should be neutral in nature and effective in the research. In this following study regarding the fintech industry of the U.K., the application of the positivism research paradigm or research philosophy could be encountered and encouraged in gaining informational insights regarding market shifts and trends of the fintech industries in the United Kingdom. This research philosophy could be directly beneficial in acquiring information to analyze the changes and introduction of new services to the markets. Through gaining scientific and financial knowledge regarding the data, effective observational values and theories could be instigated by experiencing a deep understanding of collected information.
3.4 Research Approach
The determined research approach for this research is Deductive. This has been regarded as the most favored approach for this study because this research regarding the estimated research approach would be a deductive research approach. Through this approach, the development of the market regarding crucial information and trends should be segmented in the creation of regulatory strategies and policies (Kijkasiwat, 2021). The assessment of innovative approaches in the fintech industries of the United Kingdom. These policies could be tremendously beneficial in the future development of the industries. In this approach, the distinctive connections and the research simulations should be conceptualized in gaining situational advantage regarding the competitiveness of the fintech market. There are situational theories and diverse economic statements, which should be supported by crucial and valuable market information. There are various segmentations of industries in this sector, which should be properly studied in the application of the economic measures. There are concepts which should also be regarded in defining diverse situational configurations. Through the defining of qualitative concepts, the diversification of the research insights could be attained through this research approach. Researchers have gained a significant amount of knowledge and have gained the skill to predict the future trends of the fintech markets of the United Kingdom through the instigation of this approach.
3.5 Research Design
The selected research design for this research is Qualitative research design. This has been viewed as the most appropriate research design for this investigation because this analysis following the implementation of the appropriate configuration of the qualitative research design in regard to this research, an effective estimation of research strategy could be acquired. The consideration of the investigation and the pReferences of the information could be effectively selected in gaining of crucial market understanding (Albarrak, 2021). Through this qualitative research design the develop of an operational research structure could be developed. Through the effective determination of the influences and impacts of market changes on the fintech industry, this investigative strategy would be impaired. Through this research design, the significant identification of issues regarding the instigation of innovation could be detected. There are deviations and effective comparisons of situations that should segmented with definitive accuracy for the benefit of the organizational evolution. This research design is also a process of gaining information from the qualitative research of different researchers who have previously segmented and defined the market variances of the fintech industry. Through the diversification of the market-defining determinations investigative impairs should be understood in the expansion of gaining market credibility for the development of the concerning situations.
3.6 Research Strategy
The preferred research strategy for this research is regarding the data of the qualitative data. This has been considered as the most appreciated research strategy for this exploration In the segmentation of the qualitative data concerning the instigation of innovative measures and approaches in fintech industries in the United Kingdom, the regulating marketing policies could appraised. There are different scopes and opportunities that should be strategically utilized in the business operations of the fintech industry (Rabbani, 2020). Through different depictions of strategy-making application of innovative measures could be observed. There are various concerning situations that are present in the different market interpretations which needed to be concentrated. There are organizational and sectorial relations that are observed to be significant in the determining of the benchmarks and also could summarize the market trending patterns. Through the appraisal of innovative flexibilities in resolving the concerns, evaluation in the sectorial performance could be determined. In the comparison with regulatory policies with the innovative measures, the interactive operations could be strategized in the market understanding. These qualitative data would be depicted in the enhancement of the sectors of the fintech industry.
3.7 Research Method
The decided research method for this breakdown is the Secondary research method. This has been considered as the most suitable research method for this study because this secondary method is crucial in portraying of the previously researched data. The pieces of information that are effectively collected because of the insights regarding the market variances which would be significant in market performance operations (Franco-Riquelme, 2021). As there are crucial market volatilities that are observed in the market operations, a detailed data management and data updation could be required for gaining the future prospects of the fintech industry. There are market information and development of the services that could act as opportunistic variances in the business development. Through the consideration of the market variances and through the insights of the literature breakdowns would be recognized as the practices of the investigative measures. Through the articles and many periodic researches for this research that are analyzed by the recognitional approaches.
3.8 Data Collection Method
The allocated Data collection method for this research is the qualitative data collection method. This has been assessed as the most reasonable data collection method for this study because of the informational derivatives of the market shifts in the fintech industry of the United Kingdom (Hollanders,2020). There are details that are formed by the accumulation of investigative statements from the publications, researched statements and journals of the operatives that should be persuasive in the development of research segments. In the computation of the inquiry and elaboration of the delegatory variation of the financial and functional hazards. Through the appraisal of the opportunities and the variations of the patterns, the development of the performances should be acting as preventive measures for the understanding of the effective data collection. There are changing market trends and volatility that could be influential in the apprehension of the market impacts and report analysis of the different market and institutional segmentation of the different sectors. This data collection will be observed in the development of the modified and enhanced data, which are significant in future understanding of the risks and ramifications of market shifts.
3.9 Research Ethics
The analysis on the effects of innovative financial and technological approaches are conducted using an adequate number of stages to evaluate the effects on the operativeness of the perspective of the fintech industry of the United Kingdom. The standing prospects that are concerned with the successful actualization of this study are performed by following ethical and persuasive actions that are mandated to be obeyed in the ethical considerations of the experimentations. The criteria and strategies of ethics of the project are being devised by on the understanding of the analysis. The details which are gathered in this existing research are being amassed with the approval of the parties & the permissions of the partakers are also assumed for usage of this information for prospective intentions (Wu, 2022). The statements has been de-acknowledged before the details are distributed to maintain the seclusion and notification of security of the groups. As through supporting the significance of the ethical concerns and the actuality of the instructive valuations, the expansion of the understandings into the influences of the utilization of opportunities and to understand the market variances.
3.10 Research Limitations
In this research, there are concentration on the limitations because, the main hindrance or limiting factors would the changing volatility of the fintech financial variances. As there are instigation of newer policies and regulation, which could be influential in the sectorial development of an industry in perspective of the Economic operability of the United Kingdom. There is also an increasing number of market competition that are concerning the market diversification. These kinds of limiting factors are being creating obstacles in gathering data for the investigation and to produce effective and informative journals. There should regulatory maesasures that are required to be develop, through which the minimization of the impacts of market shifts could be actualized (Iskandar,2022). There are also monetary impacts that could be observed in encountering of hazardous elements regarding situational market changes. These are the limiting factors for the consideration of the impacts of various policies.
3.11 Time Horizon
Figure 2: Time Horizon
3.12 Conclusion
In summarizing of the data volatility of the fintech industry of the economy of the United Kingdom, limiting factors could be observed in changing the market volatility of the fintech financial variances. As there are instigation of newer policies and regulation, which could be influential in the sectorial development of an industry in perspective of the Economic operability of the United Kingdom. There is also an increasing number of market competition that are concerning the market diversification. These kinds of limiting factors are being creating obstacles in gathering data for the investigation. Through this section the understanding of the influences of the utilization of opportunities and to understand the market variances.
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Ghahroud, M.L., Jafari, F. and Maghsoodi, J., 2021. Review of the Fintech categories and the most famous Fintech start-ups. Journal of FinTech and Artificial Intelligence, 1(1), pp.7-7. Available at: www.mdi.com/12306//IJBM-10-2022-0438/full/html [Accessed on: 4.9.2023]
