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Financial Technology (FinTech)
HomeGlossary TermsFinancial Technology (FinTech)

Financial Technology (FinTech)

June 28, 2023BY Ubik Capital
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FinTech, short for financial technology, encompasses an industry that harnesses technological advancements to enhance conventional financial services. Its objectives include cost reduction, faster transaction processing, fostering financial inclusivity, and offering greater flexibility in financial product terms. Within the realm of FinTech, technologies like blockchain and cryptocurrency play a significant role.

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