1 year ago

What term refers to innovations that could improve financial services?

Business

1 answer:

suter [353]1 year ago

5 0

The term which refers to the innovations that could improve financial services is; Choice B; Fintech.

<h3>What is fintech?</h3>

Finance: This is the science of management of money and other assets.

Technology is the use of modern knowledge and equipment to perform an activity.

The term fintech in its simplest meaning refers to financial technology which involves the application of technological knowledge to the trading of financial services.

Such financial services may range from peer to peer lending, mobile wallets among a host of other types of services.

Hence, it follows that the general term which refers to innovations that could improve financial services is; Choice B; fintech.

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