Some things wont change
As technology continues to evolve, the fintech landscape appears poised for sustained growth. While the licensing process may not evolve at the same rapid pace, regulators tend to view licensing as a stable, rather than an exponential, growth mechanism for fintech innovations. New ideas entering this dynamic field will need to navigate a licensing framework that is unlikely to change significantly over time. However, as the demand for fintech solutions increases, so too will the requirements for regulatory compliance and monitoring. This means that while the initial licensing may remain consistent, the scrutiny and expectations surrounding it will only intensify, ensuring that fintech companies must be ever-adaptive in a continuously changing environment. Thus, the future of fintech will hinge on balancing innovation with the stability of regulatory practices.
