Fintech (Financial Technology) is an emerging financial services sector in the 21st century that uses new technology and innovation with available resources in order to compete in the marketplace of traditional financial institutions and intermediaries in the delivery of financial services. The Fintech can take the form of software, a service, or a business that provides technologically advanced ways to make financial processes more efficient by disrupting traditional methods. (Refer to the Cryptocurrency; Bitcoin)
Related Definitions in the Project: The Commercial Definitions
