Financial tech, known sometimes as FinTech, is the integration of technology in finances. It aims to use technology to enhance or automate financial services. FinTech is a fast-growing sector, and for good reason: it has a multitude of benefits, such as automating repetitive or tedious tasks, reducing costs, and enhancing customer experience and ease. In addition, AI and predictive intelligence can assist to create better decisions for cash flow and forecasting. Overall, the use of financial technology can greatly increase speed and security whilst reducing cost.
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