Questions and Answers
What does Financial Technology (FinTech) refer to?
The use of modern technologies and software by businesses to offer automated financial services
How has Mobile Payments impacted the way we manage our finances?
It has made managing finances more secure and scalable
What do tech-savvy customers, particularly millennials, expect from financial services?
Effortless, secure, and scalable financial services without the need for in-person assistance
In what way do FinTech startups differ from traditional banks?
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What does the term 'Payments' refer to in the context of FinTech?
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How are FinTech's innovative financial service offerings described?
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What is the primary means by which people access the web and make use of different financial services?
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What was the impact of the Global Financial Crisis in 2008 on people's trust in traditional banking systems?
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What has become more important than ever as a result of the Global Financial Crisis in 2008?
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What is the main promise that many FinTech firms, especially in the global south, aim to reach?
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What has FinTech led to a disruption of in the financial industry?
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What type of lending platform operates by matching lenders directly with borrowers through online services?
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What is the process of funding a project or venture by raising money from a large number of people called?
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What kind of advice is provided by robo-advising in the asset management sector?
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What is the estimated value of the mobile payment market according to Statista?
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