Keyword Analysis & Research: fintech


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What does fintech stand for?

The term "Fintech" stands for Financial Technology which is better understood as providing financial services by making use of software and modern technology. It was initially applied to consumer trade— financial institutions. By the end of the first decade of 21st century, the term applies to any technological innovation in the financial sector.

What is the purpose of FinTech?

Key Takeaways Fintech refers to the integration of technology into offerings by financial services companies in order to improve their use and delivery to consumers. It primarily works by unbundling offerings by such firms and creating new markets for them. ... Fintech funding is on the rise but regulatory problems abound.


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