Emerging Technologies | Computing & Software

Fintech

Background


Fintech is a term used to describe the new wave of financial technology that is being used to provide innovative solutions in the financial sector. This includes products and services such as mobile payments, peer-to-peer lending, and crowdfunding. Fintech is also being used to help financial institutions become more efficient and provide better services to their customers.

Some of the emerging trends in Fintech include the use of blockchain technology for financial transactions, the use of artificial intelligence (AI) for financial analysis and decision-making, and the use of big data for fraud detection and risk management.

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