The Financial services Industry encompasses investments, lending, insurance, asset management, accounting, and foreign exchange. Currently, the industry and its reliance on traditional transactions is being disrupted by the emergence of financial technology, better known as fintech. We defined it here on Techie Scoops as the use of computer programs to support and enable financial services. The increasing and escalating use of the internet for all types of finance has seen the fintech industry become one of the fastest growing in the world. Here are several areas of the finance industry that make extensive use of fintech: Real-Time Payments It’s an […]

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