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Fintech - Wikipedia
Fintech, a clipped compound of "financial technology", refers to firms using new technology to compete with traditional financial methods in the delivery of financial services. [3] [4] [5] The use of smartphones for mobile banking , investing , borrowing services, [6] and cryptocurrency are examples of technologies designed to make financial ...
What is fintech? 6 main types of fintech and how they work
Fintech is a portmanteau of the words “financial” and “technology”. It refers to any app, software, or technology that allows people or businesses to digitally access, manage, or gain insights into their finances or make financial transactions.
Fintech and the Future of Finance - World Bank Group
Fintech, the application of digital technology to financial services, is reshaping the future of finance– a process that the COVID-19 pandemic has accelerated. The ongoing digitization of financial services and money creates opportunities to build more inclusive and efficient financial services and promote economic development.
What Is Fintech? | Built In
Fintech, short for financial technology, is a term used to describe the integration of technology into a financial service or process, with the goal of enhancing or automating it. More broadly, the term fintech also encompasses a rapidly growing industry that serves the interests of both consumers and businesses in multiple ways.
What is fintech (financial technology)? | McKinsey
McKinsey_Website_Accessibility@mckinsey.com. Fintechs—short for financial technology—are companies that rely primarily on technology to conduct fundamental functions provided by financial services, affecting how users store, save, borrow, invest, move, pay, and protect money.
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