Even though concerns related to data security and cyberattacks have marred the fintech industry’s growth, the industry still holds immense upside potential amid the current digital era because of rapid technological advances in the internet of things (IoT) and artificial intelligence (AI), among others. According to an Expresswire report, the fintech market is expected to grow at an 8.6% CAGR over the next three years. As such, both RMNI and FISV should benefit.
RMNI has gained 60.2% over the past year, while FISV has returned 9.4%. Also, RMNI’s 163.6% gains over the past nine months are significantly higher than FISV’s 10.5% returns. And in terms of their past month’s performance, RMNI is the clear winner with 32.6% gains versus FISV’s 4.1%.