Welcome back to the Phoneworthy blog. Thanks for your patience. I'll be starting regular posts this week with a focus on fintech in the payments industry as well as other technologies which help small businesses thrive and improve profitability. You can connect with me on Twitter @phoneworthy or the Smarter Payments blog to find out more about my own company which services Canadian small business owners in southern Ontario.
I welcome your comments and questions about fintech.
Cheers!
Andy
fin·tech
/ˈfinˌtek/ noun
computer programs and other technology used to support or enable banking and financial services.
"fintech is one of the fastest-growing areas for venture capitalists"
Definitions from Oxford Languages
From Wikipedia - After reviewing more than 200 scientific papers citing the term "
fintech," a study on the definition of fintech concluded that "fintech is a new financial industry that applies technology to improve financial activities." Fintech is the new applications, processes, products, or business models in the financial services industry, composed of one or more complementary financial services and provided as an end-to-end process via the Internet. Fintech can also be considered as “any innovative ideas that improve financial service processes by proposing technology solutions according to different business situations, while the ideas could also lead to new business models or even new businesses.
