Council Post: 18 Emerging Tech Trends In Consumer Financial Management
Briefly

Consumers often feel overwhelmed managing their finances and desire better technology tools to facilitate budgeting, purchasing, and planning for retirement. Forbes Technology Council highlights emerging tech trends that promise to enhance financial management, including AI-powered financial assistants, secure digital payment systems, and tailored financial solutions. Additionally, the introduction of central bank digital currencies (CBDCs) could significantly impact finance, streamlining processes and promoting inclusivity. This evolution is geared towards empowering consumers with more control over their financial decisions while mitigating identity theft risks.
The adoption of central bank digital currencies is one of the most significant ways technology will affect consumer financial transactions in the next five to 10 years.
Many consumers find managing finances intimidating, and more sophisticated technology tools could ease their financial decision-making and enhance security against identity theft.
Emerging tech trends like AI-powered assistants and interconnected digital payment systems aim to provide more convenient, secure financial tools for consumers.
Financial technology advancements are set to revolutionize how consumers handle transactions, with an emphasis on personalized solutions and increased control through AI and blockchain.
Read at Forbes
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