A Study Shows That Cybersecurity Is Responsible For 63% Growth In The Fintech Sector

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2024-10-07T22:53:08.413+02:00

Monda
, 07/This indicates that wealthier nations are increasingly prioritizing the security of digital transactions and aligning economic incentives with technological advancements.

An extensive non-linear analysis revealed that cybersecurity is the primary driver behind global fintech growth at 63%. The average wage rate follows at 13%, while other factors had a significantly smaller effect.

This research examined data from 146 countries to explore various elements that could influence fintech growth, including gender ratios, GDP per capita, and internet penetration.

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