WhenIsItTime
Full time employment: Posting here.
- Joined
- Jun 20, 2018
- Messages
- 527
Fintech is a portmanteau of the words “financial” and “technology”. Fintech refers to software, algorithms and applications for both desktop and mobile. In some cases, it includes hardware, too—like internet-connected piggy banks. Fintech platforms enable run-of-the-mill tasks like depositing checks, moving money between accounts, paying bills or applying for financial aid. They also facilitate technically intricate concepts, including peer-to-peer lending and crypto exchanges.
Businesses rely upon fintech for payment processing, e-commerce transactions, accounting and, more recently, help with government-assistance efforts like the Payroll Protection Program (PPP). In the wake of the Covid-19 pandemic, more and more businesses are turning to fintech to accept contactless payments or adopt other tech-fueled advancements.
All banks are using FinTech. It's been cool for the last 10 years, like Odyssey now saying a golf putter design uses Ai insights.
Businesses rely upon fintech for payment processing, e-commerce transactions, accounting and, more recently, help with government-assistance efforts like the Payroll Protection Program (PPP). In the wake of the Covid-19 pandemic, more and more businesses are turning to fintech to accept contactless payments or adopt other tech-fueled advancements.
All banks are using FinTech. It's been cool for the last 10 years, like Odyssey now saying a golf putter design uses Ai insights.