What is FinTech? The Rise of Financial Inclusion!

FinTech, a term that stands for Financial Technology, refers to the use of technology to enhance and automate financial services and processes. The rise of FinTech has brought about a significant transformation in the way financial services are delivered and consumed. In the past decade, FinTech has evolved from being a niche sector to a mainstream industry that is disrupting the traditional financial services industry.
I should put in a disclaimer that this episode, and all episodes in this series, are not meant to offer any personal financial advice to anyone. My approach is to discuss high-level finance concepts, without getting into the woods of day-to-day personal financial advice, and so no one should use these discussions to engage in any investing activities.
For more on money, corporate finance and other economic and financial insights, including publications from the International Monetary Fund, Bank for International Settlements, the World Bank, the US Federal Reserve, The People's Bank of China, The Bank of Japan, The Bank of England, The European Central Bank, Banco de Espana, Banque de France, etc., please visit our website: sandstormwt.com. You will also find other information about our full offering, including online or virtual courses.
For Momorai_tsog, please follow the link: momoraitsog.co.za

[@mikeseconomicaffairs]

FinTech has brought about a significant transformation in the financial services industry, offering individuals and businesses more accessible, efficient, and affordable financial products and services. While the sector still faces challenges, such as regulation and security concerns, the potential benefits of FinTech cannot be ignored. The future of FinTech looks bright, with new technologies and innovations expected to bring about further change and disruption in the financial services industry.