It is not denying that the fast-paced digital trends are disrupting the banking and financial sector like never before. MedRec Technologies is well versed in this sudden evolution of the BFSI sector and eager to offer digital services that can reshape the needs of the users. More than a decade ago, the scenario was completely different where all forms of transactions occurred via banks. But, now the number is reduced to 10% only. The advent of Open Banking and massive digital channels will ease transactions through third-party interfaces, financial companies and varied digital entities by 2022. In this digitally diverse environment, BFSI companies those who can adopt agile custom banking and finance software applications and leverage innovative solutions to deliver the true user experience can sustain. Simultaneously, it is imperative to embrace new technology possibilities to advantage and generate true value for their customer base.