The finance industry deals with all the sectors that provide financial services on a commercial level; retail customers are also a part of this sector. Real estate firms, banks, investment companies, and insurance companies fall under the finance industry’s umbrella. Technology plays a vital role in boosting the profitability of any business. The digital transformation has increased the competition in the finance sector, which is a positive sign. Business operations, like the implementation of strategic plans and cost-effective processes, have…