FinTech and the Younger Generation.

FinTech is the embodiment of technology with finance. The future-savvy firms are now including FinTech for augmentation of the financial structure of their companies. The FinTech ecosystem includes virtual currency, identity verification and authorization, credential security, blockchain application and analytics in big data technologies, which makes the financial system more technologically advance. The Government of India has spent around $19 bn for encouraging FinTech start-ups. However, the main concern is now to adapt a transformative approach rather than additive. In this paper, we have examined the feasibility of the technologies being used in the present generation. We have also scrutinized the future scope of FinTech in India from a post-demonetization perspective. Awareness level of young generation about FinTech was accessed through a structured questionnaire and its future scope predicted. [ABSTRACT FROM AUTHOR]