FinTech is a popular term that most people have heard of but may not really understand what it is. In fact, a recent survey of American consumers aged 18 to 69 found that 63 percent of survey respondents had never heard of FinTech. So what is it? FinTech is short for Financial Technologies and it really is just what it sounds like — technologies used in the financial services sector.
In a broader sense of the term, FinTech is used to represent non-traditional technologies that consumers use to help with financial transactions including mobile payments apps, loan management, wealth management apps and more. In short, FinTech is more than just a buzzword. It represents technology that is changing the way we conduct business. Visit our website for the latest in business news and industry trends. https://premiercomputing.com
