DEFINING AND ANALYZING DIGITAL FINANCE: KEY COMPONENTS, TECHNOLOGIES, AND GROWTH DRIVERS

Q: How many days will it take for my paper to be published?

The review time for papers is not fixed. However, if the paper is accepted and the author completes the processing charges formalities, the paper will be published within a few working days.

Q: I would like to receive a hard copy of the journal materials. Are there any additional charges?

You can log in to the author portal and pay 500 INR to receive the hard copy materials.

Syed Touseef Ahmed; Dr. Vanisree Talluri

DEFINING AND ANALYZING DIGITAL FINANCE: KEY COMPONENTS, TECHNOLOGIES, AND GROWTH DRIVERS

Authors: Syed Touseef Ahmed, Dr. Vanisree Talluri

Unique Paper ID: 173821
Volume: 11
Issue: 10
PageNo: 1618-1623

Keywords: Digital finance blockchain financial technology mobile banking artificial intelligence financial inclusion cloud computing digital transformation online payments.

Abstract:
Digital finance is a term that describes all the technologies and innovations that have made conventional financial services more consumer-oriented, accessible, and efficient. The report provides an overview of the most critical elements of digital finance including online payments, mobile banking, peer-to-peer lending, and investment advisory services. Technologies such as artificial intelligence, blockchain, cloud computing, and big data analytics have also opened up finance to greater accessibility and efficiency, to the benefit of consumers and businesses alike. Such potential notwithstanding, there are also risk factors in the guise of security threats, compliance concerns, and data management issues that inevitably find their way in and need advanced preventive strategies and foresight to tackle. Growth in digital finance is driven by technological innovation, increased consumer appetite for ease, support from regulators, and increasing mobile and internet penetration. The COVID-19 pandemic has accelerated the adoption of digital finance as businesses and consumers placed greater dependence on digital platforms. Financial guidance powered by AI, blockchain-enabled secure transactions, and financial decisions powered by data are redefining the industry, setting the stage for a more efficient and inclusive financial system. In order to utilize the potential of digital finance most effectively, policymakers and businesses need to overcome significant challenges like cybersecurity breaches, cultural pushback, and intersection of new technologies with traditional financial systems. "Sterner regulative frameworks, tighter security agreements, and well-designed digital transformation programs need to be formed so that digital finance becomes sustainable and stable.'' Since the financial entities never remain static, the future of digital finance is bright with better financial inclusion, easier cross-border payments, and personalized financial services to meet the varied needs of global consumers.

Download article

email to a friend

Cite This Article

ISSN: 2349-6002
Volume: 11
Issue: 10
PageNo: 1618-1623

DEFINING AND ANALYZING DIGITAL FINANCE: KEY COMPONENTS, TECHNOLOGIES, AND GROWTH DRIVERS

Available:https://ijirt.org/article?manuscript=173821

05 Aug, 2025

ANALYSIS ON SECURITY CONCERNS, CUSTOMER SPENDING AND THE SOCIETAL IMPACT OF E COMMERCE IN RURAL TELANGANA

31 Jul, 2025

AGENTIC AI: EVOLUTION, IMPLEMENTATION DOMAINS, COMMUNICATION PROTOCOLS AND PRACTICAL USE CASES

05 Jul, 2025

A STUDY ON THE INTEGRATION OF RENEWABLE ENERGY WITH CHARGING NETWORKS IN MODERN POWER SYSTEMS

05 Jun, 2025

ANALYTICAL STUDY ON THE IMPACT OF HUMAN RESOURCE POLICIES ON EMPLOYEE PERFORMANCE IN ORGANIZATIONS

28 May, 2025

Issues and Challenges of Disinvestment Policy in India

24 May, 2025

The Agriculture Sector in Transition: Economic Contributions, Pollution Impact, Health effects, and Future Directions

21 May, 2025

Examination on the Impact of E-HRM practices effectiveness on the organizational performance in IT sector

14 May, 2025

LEGISLATIVE MEASURES TO PREVENT WATER POLLUTION IN INDIA

09 May, 2025

ENVIRONMENTAL AND OTHER IMPACTS, DUE TO WATER POLLUTION IN INDIA

18 Apr, 2025

Evaluation of Sovereign Gold Bonds Scheme in India - A Study of Investors’ Perception

Impact Factor
8.01 (Year 2024)

UGC Approved
Journal no 47859

Join Our IPN

IJIRT Partner Network

Submit your research paper and those of your network (friends, colleagues, or peers) through your IPN account, and receive 800 INR for each paper that gets published.

Join Now