Critical Issues in Business Management: COVID-19, Fintech, and Trade

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Added on  2022/12/30

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This report examines the effects of COVID-19 on the global trade landscape, with a specific focus on the fintech sector within the Commonwealth. The introduction provides a background on global trade and the pandemic. The report critically evaluates the challenges and opportunities for the fintech sector, including the impact of digital transformation. Recommendations are offered to Commonwealth governments for supporting the fintech sector and encouraging collaboration among member countries. The analysis covers various aspects, such as exploring new technologies, driving smarter relationships, and addressing cultural challenges. The conclusion summarizes the key findings, highlighting the implications of COVID-19 and the importance of government support and digital transformation within the fintech sector. The report also includes references to support the arguments and findings.
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COVID-19 and the changing
global trade landscape.
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Table of content
Introduction
Critical evaluation of possible challenges and opportunities of fintech sector
in Commonweath of UK within context of changing international trade
landscape
Recommendations for Commonwealth Governments for supporting Fintech
sector as well as encouraging collaborations among Commonwealth countries
Conclusion
References
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Introduction
Global trade is said to exchange of products, capital and
services across international territories and borders. COVID-
19 is a pandemic situation of infectious disease which is
caused through newly discovered coronavirus.
The presentation evaluates challenges and opportunities
associated top Fintech sector in Commonwealth of UK. There
are various recommendations made for Commonwealth
Government in order to support Fintech sector as well as
encourage collaboration among Commonwealth countries.
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Critical evaluation of possible challenges and
opportunities of fintech sector in
Commonweath of UK within context of
changing international trade landscape
Banking sector is one of Fintech sector which
makes use of Internet, software technology and
cloud services so to convey financial
information to its stakeholders including
employees, government, customers and so on.
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Continue...
In UK, it is analysed that international trade landscape is changing fastly which
increases chances to grab multiple opportunities and face huge number of
challenges. Some of opportunities and challenges with Banking of Fintech
sector within Commonwealth of UK are as evaluated:
Evaluation of opportunities:
Exploring new technologies
Driving smarter relationships
Evaluation of Challenges:
Culture
Support
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Recommendations for Commonwealth
Governments for supporting Fintech sector as
well as encouraging collaborations among
Commonwealth countries
It has been recommended to common government it should focuses
on digital transformation for the Fintech sector of the UK. As UK
has business contribution in finance sector, specially in banking,
Government should transform the methods which is using in
banks so that employees can done their work easily and they can
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References
Pan, S., 2020. COVID-19 and the neo-liberal paradigm in higher
education: changing landscape. Asian Education and Development
Studies.
Sovacool, B. K., Del Rio, D.F. and Griffiths, S., 2020. Contextualizing
the Covid-19 pandemic for a carbon-constrained world: Insights for
sustainability transitions, energy justice, and research methodology.
Energy Research & Social Science. 68. p.101701.
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Conclusion
From the presentation, it have been concluded that global trade landscape as
well as COVID-19 have huge implications of working of Commonwealth
Government in one of Fintech Sector. All opportunities and challenges
provides advantage and limitations for the nation. For supporting Fintech
sector along with encouraging collaborations with other Commonwealth
nations, Commonwealth Government is recommended to transform its
methods and update its systems.
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Thank You
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