Fintech

Subset of technologies used in finance

"Fintech", a clipped compound of "financial technology", refers to the application of innovative technologies to products and services in the financial industry. This broad term encompasses a wide array of technological advancements in financial services, including mobile banking, online lending platforms, digital payment systems, robo-advisors, and blockchain-based applications such as cryptocurrencies. Fintech companies include both startups and established technology and financial firms that aim to improve, complement, or replace traditional financial services.

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Prime Minister Narendra Modi's visit to Kuwait resulted in the elevation of India-Kuwait ties to a 'Strategic Partnership'. The leaders discussed collaboration..
Credit: IndiaTimes - Published 11 hours ago

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