The term FinTech is an abbreviation of “financial technology.” It refers to the technological transformation in the financial sector. It is a growing field and a wide range of businesses, from start-ups to established companies, are adopting FinTech. FinTech is innovative and aims to streamline both businesses’ and customers’ financial activities through technological automation. A few examples of financial technologies are data science, machine learning algorithms, cryptocurrencies, and blockchains. These advancements can enhance the speed, safety, value, and inclusivity of financial processes. Q: What is FinTech? A: is the tech that seeks to improve and automate the delivery and use of financial services. Knowledge provider:0xeddb693aaba0076ee0de3c822ae56d5c760e89b3 KNOW TO EARN is committed to building the world’s largest blockchain knowledge base and blockchain training academy. Through the interesting form of answering questions, more people can participate in the knowledge learning of the blockchain. You can see this knowledge now because there are a lot of people involved and contributing to the creation of blockchain knowledge. You can also be one of them and share up to 20% in bonuses. You dont need to spend any money, just use part of your spare time to participate in the creation of knowledge. Join our Telegram group to learn more. link: https://t.me/knowtoearn The content of Know to earn knowledge base is provided by users. If there is any infringement, please contact us to delete it as soon as possible. Original link:https://www.investopedia.com/terms/f/fintech.asp