Fintech, the word, is a combination of financial technology. Ultimately, the goal of fintech is to make financial services less expensive and more flexible per transaction. The biggest promise potentially lies in reaching the so-called unbanked and unbanked. Although the industry evokes images of startups and industry-changing technology, traditional companies and banks are also constantly adopting fintech services for their own purposes.
What is the purpose of fintech?
Fintech, the word, is a combination of financial technology. Ultimately, the goal of fintech is to make financial services less expensive and more flexible per transaction.
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What is included in fintech?
Fintech now includes different sectors and industries, such as education, retail banking, fundraising and non-profit organizations, and investment management, to name a few. Fintech also includes the development and use of cryptocurrencies such as bitcoin.
Who are the major players in fintech?
The two largest are payment companies Visa and Mastercard, both based in the United States, with a market capitalization of nearly 478 billion and 368 billion U.S. Ant Financial, or Ant Group, ranks third with a market capitalization of U.S.
Is intellectual property copyright or trademark?
Just as tangible property can be protected, intellectual property can also be protected by legal recognition of the owner's rights to the property. If you need help determining the best way to protect you and your company, consult a lawyer who specializes in intellectual property.
Is intellectual property automatically protected?
Otherwise, your IP can go into the public domain, so anyone can access your trade secrets. When work goes into the public domain, it is no longer protected by intellectual property laws.
