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"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 ...
Information and communications technology (ICT) is an extensional term for information technology (IT) that stresses the role of unified communications [1] and the integration of telecommunications (telephone lines and wireless signals) and computers, as well as necessary enterprise software, middleware, storage and audiovisual, that enable users to access, store, transmit, understand and ...
The criteria for this list is that the technology must: Exist in some way; purely hypothetical technologies cannot be considered emerging and should be covered in the list of hypothetical technologies instead. However, technologies being actively researched and prototyped are acceptable. Have a Wikipedia article or adjacent citation covering them.
These top new emerging technologies not only power digital transformation in business, but set the stage for other solutions, including the metaverse, cryptocurrencies, biotechnology, and many others.
Financial industry departments such as risk management, product development, and marketing must also be included in the middle and back ends to truly be considered a complete digital bank. Financial institutions must be at the forefront of the latest technology to ensure security and compliance with government regulations.
Welcome to your ultimate source for all things money-related. Join us as we cover personal finance, investing, business news, and global economic trends. Learn how to budget, save money on your TV watching, or find apps to help with managing your finances and growing your wealth.
Globally, the number of announced deals so far this year has dropped by nearly 40% to 2,470 mergers, while their valuation rose by 19% to about $249 billion, according to Feb. 5 data from Dealogic.
GFTN replaces and builds upon Elevandi, the non-profit organisation created by the Monetary Authority of Singapore in August 2021 to foster an active and open dialogue between the public and private sectors, to advance FinTech further in the global digital economy.