Fintech is fostering innovation and creating dramatic shifts in the financial services industry. Leaders in this sector are using accelerators, incubators, and innovation labs to take advantage of this digital shift. Fintech companies are capitalizing on consumers increasingly digital lifestyles, decreased dependence on traditional financial institutions, and enthusiastic early adoption of social networks.

To fully take advantage of the lower barrier to entry created by technology, fintech companies must focus on simplicity, mobility, and agility. Rapid evolution and the emergence of new technologies, such as blockchain, show significant promise for supporting these efforts and offering high business value.

Write a blog by explaining how the Fintech Revolution Is Changing Financial Services Operations. You must give examples to support your answers.

Also, you should explain in second the types of innovations and give also examples.