What is fintech (financial technology)? | McKinsey - McKinsey & Company
WEBJan 16, 2024 · Fintechs—short for financial technology—are companies that rely primarily on technology to conduct fundamental functions provided by financial services, affecting how users store, save, borrow, invest, move, pay, and protect money. Most fintechs were launched after 2000, have raised funding since 2010, and have not yet reached maturity.
What is fintech? 6 main types of fintech and how they work
WEBAug 9, 2023 · Fintech is a portmanteau of the words “financial” and “technology”. It refers to any app, software, or technology that allows people or businesses to digitally access, manage, or gain insights into their finances or make financial transactions.
What is fintech? - IBM
WEBFintech, or financial technology, is a term that describes the mobile applications, software and other technology that enable users and enterprises to access and manage their finances digitally.
Financial Technology (Fintech): Its Uses and Impact on Our Lives
WEBMar 25, 2024 · Financial technology (better known as fintech) is used to describe new technology that seeks to improve and automate the delivery and use of financial services. At its core, fintech is...
The future of fintech growth | McKinsey - McKinsey & Company
WEBOct 24, 2023 · During this decade, fintechs have profoundly reshaped certain areas of financial services with their innovative, differentiated, and customer-centric value propositions, collaborative business models, and cross-skilled and agile teams.
What is Fintech? Definitions, Careers, and Industry News | CFA
WEBFintech, or financial technology, refers to the technological innovation in the design and delivery of financial services and products. Technology in finance continues to evolve; advancements include the use of Big Data, artificial intelligence (AI), and machine learning to evaluate investment opportunities, optimize portfolios, and mitigate risks.
Embracing Change: How Fintech Reshapes the Financial Industry
WEBFintech, or financial technology, has been instrumental in reshaping the financial services industry, especially over the last fifteen years. It has disrupted traditional business models and created new opportunities for businesses and individuals alike, both in enterprise and consumer segments.
The Future of Fintech - Investopedia
WEBJul 24, 2024 · Fintech is short for financial technology. It refers to companies that mainly use technology to provide financial services to customers. Today, companies across all industries are eager to embed...
Fintech and the Future of Finance - World Bank Group
WEBJul 13, 2023 · The technology-enabled innovation in financial services —known as fintech—is one such example, accelerating rapidly as pandemic shutdowns amplified its importance for maintaining business activity and financial services during a …
Seven technologies shaping the future of fintech | McKinsey
WEBNov 9, 2021 · Open source software, serverless architecture, and software-as-a-service (SaaS) have become must-haves for technology players and traditional financial institutions launching new fintech businesses.
Skip to content