Financial Technology or Fintech is using electronic or information technology to perform financial activities. Any transaction, remitting or receiving money to or from any bank account respectively can be done at the click of a button using a device like a laptop, tablet or even a smartphone with the help of this technology. It has proved to be very helpful for people who cannot avail of the traditional or physical methods of banking. In India, it mainly picked up in the year when demonetization was announced in the year 2016.
https://blog.imarticus.org/why....-financial-technolog
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