​Investment - Fintech Application - Mobile Banking 
For a great deal of individuals, mobile banking is where fintech's effects are most noticeable. For the majority of retail banking consumers, one advantage of fintech is the ability to pay bills, check bank statements, make investments, and move money between accounts using a banking app on a phone. Financial transactions, however, continue to take place in conventional, centralized depositories and clearing houses hidden from view, despite this better digital experience.
Mobile fintech banking has typically improved accessibility to bank services and made them more convenient, especially in areas where traditional banks are underrepresented. However, a society that becomes more cashless has social implications, just like AI does. People who work as ticket clerks at train stations and cashiers in stores may lose their jobs as a result of cashless transactions. Furthermore, others believe that because cashless transactions make spending simple, they encourage careless spending.