Financial technology, also known as fintech, is an economic industry composed of companies that use technology to make financial services more efficient. Financial technology companies are generally start-ups founded to disrupt incumbent financial systems and corporations that rely less on software.” Fintech describes any company that provides financial services through software or other technology and includes anything from mobile payment apps to cryptocurrency.
Fintech brought a significant change in an industry that as recently as the last few years back viewed Fintech firms as competitors but 2014 was the fuelling year, 2015 was at the explosion and 2016 started with less speed compared to 2015 with greater emphasis on stability.
Read more about Fintech at the below links:
Fintech is a term used to describe financial technology, an industry encompassing any kind of technology in financial services - from businesses to consumers. Broadly, fintech describes any company using the internet, mobile devices, software technology or cloud services to perform or connect with financial services. Many fintech products are designed to connect consumers' finances with technology for ease of use. To know uses and examples of Fintech, read the article:
Fintech is a portmanteau of the terms “finance” and “technology” and refers to any business that uses technology to enhance or automate financial services and processes. The term is a broad and rapidly growing industry serving both consumers and businesses. From mobile banking and insurance to cryptocurrency and investment apps, fintech has broad applications. To know more about fintech, how does it work and what are the uses of fintech, click here:
FinTech is here to stay and everyone from banks to technology giants and from governments to entrepreneurs needs it. Career opportunities in FinTech and related fields are growing at a rapid pace, led by cybersecurity, payments, RegTech, Robo-advisory, blockchain, and so on. Fintech companies whose line of business combines software and technology to deliver financial services – will reshape and improve finance by cutting costs and expanding access to financial services.
FinTech companies can create a more diverse and stable credit landscape by gathering data from social media and other sources to assess the needs of young businesses and borrowers on the fringes of the banking system. A strategic planning process and framework that illustrates how it starts with the enterprise environment and subsequently collects and analyses all information about the context and company to formulate their strategies.
To know in-depth about something new, reading is the best way. Books are available on every topic and every idea.
Below are the links which have the names of the best books to read about Fintech:
Books by the world’s leading experts offer extensive insights not only about the best current practices but also about the future of the industry. T o know the top 10 Fintech books everyone should read in 2020, read the article:
As featured on CNN, Forbes and Inc – BookAuthority identifies and rates the best books in the world, based on recommendations by thought leaders and experts. To know about 13 best new Fintech books, read the article:
To know about the best writers on Fintech, read:
If you are looking for great FinTech writers to add to your reading list, click here:
We, at OpenGrowth, are continually looking for trending startups in the ecosystem. This was a blog on great FinTech writers to add in your reading list. If you want to know any further information about the startup ecosystem or have any mind-boggling ideas, do refer to the other blogs at OpenGrowth. If you have any suggestions, do let us know in the comment section below.
Contributor: Amrita Sinha
Amrita is in the field of media. She has a deep inclination towards writing and public speaking. She has the aim of removing the stereotypical mindset of society. She loves to read and photography is her passion.
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