Mesh Flinders, Staff Writer at IBM Think
Ian Smalley, Staff Writer at IBM Think
Fintech, or financial technology, is a term that describes the mobile applications, software and other technology that enable users and enterprises to access and manage their finances digitally.
It is also used interchangeably with the term fintech startup, which refers to a company whose core capability is in the development and/or delivery of fintech products and services.
As smartphones and other digital devices have gained popularity, fintech use cases have increased steadily. Today, popular mobile apps help people set financial goals, apply for mortgages, file taxes and much, much more. At the enterprise level, businesses across the financial industry are constantly on the lookout for ways to deploy fintech to increase their capabilities and offer more products and services to their customers
