What does FinTech mean? Read on to discover the definition & meaning of the term FinTech - to help you better understand the language used in insurance policies.
FinTech is short for "financial technology." It refers to the commercial use of new technology to manage finances or offer financial services to customers, often as an alternative to traditional methods that involve human interaction or transacting at a physical location.
We hope the you have a better understanding of the meaning of FinTech.