financial technology

Financial technology, or fintech, refers to the use of technology to provide financial services and improve how we manage money. This includes a wide range of innovations such as mobile banking apps, online payment systems, cryptocurrency, and investment platforms. Fintech aims to simplify transactions, enhance security, increase accessibility to financial products, and offer better user experiences. In essence, it combines finance and technology to make financial activities faster, more efficient, and more user-friendly for consumers and businesses alike.