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WHAT IS FINTECH
- 1. AN INTRODUCTION TO ‘FINTECH’
(Financial Technology)
Copyright © 2017 TCI Pathway
www.tcipathway.co.uk
- 2. An increasingly popular phrase in the media and
technology circles- but what exactly is ‘Fintech?’
Here’s a much needed simple introduction. And
a break-down of all the details, in layman’s
terms.
Copyright © 2017
TCI Pathway
www.tcipathway.co.uk
- 3. FINTECH: The Definition
Computer programs and other technology used to enable
banking and financial services.
Used in a sentence: ‘Fintech is one of the fastest-growing areas for
venture capitalists’.
Copyright © 2015 TCI Pathway
www.tcipathway.co.uk
- 4. FINTECH: Understanding the
Definition
A term that’s ‘so fresh’, it hasn’t even featured in the online version of the
Oxford dictionary yet. And many, including the tech-savvy and entrepreneurs,
still haven’t gotten to grips with what it actually means.
We cannot however, deny its importance. Or foolishly put it into the category
of a ‘buzzword’. Fintech is changing how we live in society, and how we do
business.
To help understand it’s definition, Fintech is usually applied in the
‘technology start-up scene’ that is disrupting sectors such as mobile
payments, money transfers, loans, and fundraising.
Copyright © 2017
TCI Pathway
www.tcipathway.co.uk
- 5. BREAKING DOWN ‘Fintech’
The term ‘Fintech’ can apply to any innovation in how people transact
business.
Financial technology has rapidly grown since the revolution of the
internet and smartphones.
Fintech was actually a term that was once used for the ‘back-office’
work of banks and trading firms, but it now describes a broad variety
of technological interventions (into personal and commercial finance).
Copyright © 2017
TCI Pathway
www.tcipathway.co.uk
- 6. Who Uses Fintech?
1. B2B for banks
2. Business clients
3. B2C for small companies
4. Consumers
Mobile banking trends, increased information and data will create
opportunities for all four of these groups to interact with
Fintech.
Copyright © 2017
TCI Pathway
www.tcipathway.co.uk
- 7. Everything starts with a conversation, so let’s
talk:
Safaraz Ali
Linkedin: https://uk.linkedin.com/in/safaraz
Twitter Handle: @SafarazAli
Tel: 0121 707 0550
Copyright © 2017
TCI Pathway
www.tcipathway.co.uk