User:Atidke9/Evaluate an Article

Which article are you evaluating?
I'm evaluating the article: Financial technology in India. Here is the link for this article: Financial technology in India

Why you have chosen this article to evaluate?
I chose this article to evaluate because I wanted to know what's the status of financial technology(FinTech) industry sector in India and how fast it is emerging. In past few years, there has been a massive adoption of digital payment systems in India. I'm interested in knowing what are the factors leading to this growth and expansion of the FinTech ecosystem in India. It seems this article is written like a argumentative essay and needs a lot of improvement starting with rewriting it in an encyclopedic article format.

Evaluate the article
Lead Section: According to me, the lead section of this article is very poor. It doesn't provide a clear meaning of what does it mean by financial technology industry. I would recommend to add more details about what is financial technology industry and its significance. This section doesn't provide a clear idea of what this article is about. There is no solid information given about the financial technology industry scenario in India and how it is emerging in recent times.

Content: This article content is not updated till the date. It provides all the statistics data from year 2016. There is lack of evidence to support various points mentioned in this article. For example 'The Indian FinTech landscape is segmented as follows: 34% in payment processing, followed by 32% in banking and 12% in the trading, public and private markets.' This information is not backed up by a reliable secondary source of information.

Writing Quality and Sources: It seems this article is written like a argumentative essay that presents an editor's original argument about a topic. This article has very limited references and those are not properly formatted in professional style. One of the reference is Wikipedia page itself which is not a reliable source of information(Reference no. 3). I would suggest to cite more peer-reviewed journal or article to make the information reliable. for example-

C. Vijai, “Fintech in India – opportunities and challenges,” SSRN Electronic Journal, 2019.

K. Srinivasan and S. Rajarajeswari, “Financial Technology in indian finance market,” SSRN Electronic Journal, 2021.

Organization: This article is not well organized, therefore unable to understand the information provided clearly. This article can be improved by properly dividing the information into different sections such as background, opportunities and challenges, scope of the article.

This article is a part of two WikiProjects i.e. WikiProject India and WikiProject Business and rated as a Start-Class on the project's quality scale and mid-importance on the importance scale. Overall, this article needs to be updated with recent information and more reliable resources.