what is fintech/ what is fintech in banking / fintech innovation/ fintech lending

 what is fintech in banking ?

The word “fintech” is simply a combination of the words “financial” and “technology”. It describes the use of technology to deliver financial services and products to consumers. This could be in the areas of banking, insurance, investing – anything that relates to finance.Fintech, or financial technology, originally referred to just banking systems. However, for banks and credit unions it has come to incorporate disruptors taking hold in financial services, many of them driving digital transformation.

fintech innovation

 Fintech innovation!!!New innovations in fintech (financial technologies) are allowing financial institutions to serve customers in novel and unexpected ways. The financial industry is experimenting with automation, predictive analytics, new delivery platforms, digital-only banking, blockchain and more.

 fintech lending

 What is Fintech Lending? Fintech lenders employ the latest financial technologies to streamline the traditionally out-of-date and non-transparent lending process. ... The mortgage industry, for example, is an industry that can greatly benefit from new lending technology

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