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Fin-Cology or Tech-Nance?: Emergence of FinTech

Fin-Cology or Tech-Nance?: Emergence of FinTech
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Author(s): Swarnasree Vutharkar (Woxsen University, India)and Rajesh Kumar K. V. (Woxsen University, India)
Copyright: 2023
Pages: 13
Source title: AI-Driven Intelligent Models for Business Excellence
Source Author(s)/Editor(s): Samala Nagaraj (Woxsen University, India)and Korupalli V. Rajesh Kumar (Woxsen University, India)
DOI: 10.4018/978-1-6684-4246-3.ch008

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Abstract

The words “financial” and “technology” are combined to form the phrase “fintech.” Despite being a wide expression with numerous interpretations, it typically refers to the growth of a sector when new technology use-cases are developed and put into place to expedite more traditional-looking financial activities. When it first arose in the 21st century, the term “fintech” was used to describe the technology employed in the back-end systems of reputable financial organisations. Since then, nevertheless, there has been a shift toward more client-centered services, and thus, a more client-centric definition. Currently, the term “fintech” is used to describe a wide range of professions and businesses, including investment management, retail banking, education, and non-profit fundraising, to name a few. In this chapter you will be reading the relation between python and finance; SQL and finance; Tableau and finance; Power Bi and finance; and Block Chain and finance.

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