Finance Technology Archives | FINAP

Category: Finance Technology

What is Fintech?

The terminology for Fintech originates from fusing the two words, Financial Technology. The International Monetary Fund (IMF) and World Bank’s Bali Fintech Agenda define Fintech as: “Advances in technology that have the potential to transform the provision of financial services spurring the development of new business models, applications, processes, and products.”

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