FinTech

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Financial technology (abbreviated fintech or FinTech) is the technology and innovation that aims to compete with traditional financial methods in the delivery of financial services. It is an emerging industry that uses technology to improve activities in finance.[1] A subset of fintech companies that focus on the insurance industry are collectively known as insurtech or insuretech companies.

Sources

Taming the Beast: A Scientific Definition of Fintech Journal of Innovation Management.