Fin-Tech, a contraction of "financial technology", refers to start-ups and companies that use modern technologies to make financial services more efficient, accessible and often more cost-effective. These companies are revolutionising traditional financial areas such as banking, investments, wealth management and payments by offering digital solutions based on user-friendliness, security and innovation. By implementing fintech solutions, the financial sector is being transformed, providing improved services to consumers and opening up new opportunities for growth and development in the global economic system.
Fin-Tech: Innovation in the financial sector
February 14, 2024