A study on sustainable technology development of fintech 5.0 in Indian industries

Abstract

Fintech 5.0 marks the most recent and transformative phase in the evolution of financial technology, characterized by the integration of advanced innovations—such as artificial intelligence, blockchain, and quantum computing—with the principles of sustainable development. This study investigates how Indian industries are embracing Fintech 5.0 to improve operational efficiency, advance financial inclusion, and achieve sustainability targets. Through the analysis of secondary data—including government policies, industry reports, and scholarly literature—the research identifies current trends, opportunities, and barriers. Findings indicate that Indian sectors are increasingly utilizing Fintech 5.0 solutions to enable green finance, lower transaction costs, and boost digital financial literacy among underserved populations. Despite these advancements, the industry faces challenges including regulatory ambiguity, infrastructural limitations, and heightened cybersecurity risks. By benchmarking global best practices, this paper outlines India’s distinct approaches and strategic responses. The study offers practical recommendations to policymakers and stakeholders, contributing to the expanding discourse on Fintech 5.0 and emphasizing its transformative potential for a resilient and sustainable financial future in India.