Financial Technology & Automated Investing

 From online brokerages increasing the ease of trading to mobile banking lowering the barriers for consumers to have access to the banking system, fintech has brought many advantages for consumers.

Frequently Asked Questions
  • What is Fintech?

    Fintech is a portmanteau of the words “financial” and “technology,” and refers to technologies used in the financial sector of the economy. This includes things such as online banking apps, online stock brokerages, and mobile payment apps.

  • What is Moore's Law?

    Moore’s law is a name given to a prediction by Intel co-founder Gordon Moore that the number of transistors that could be put on a computer chip would roughly double every 2 years. This trend held true for several decades after it was made in the 1960’s, and the exponential increase in transistor density has continued, albeit, not at the same rate.

  • What is Quantum Computing?

    Quantum computing is a field of computing that uses the principles of quantum mechanics to change the way computers store and process information. Specifically, instead of data being stored as bits, which are individual units of binary code, they would be stored as Qubits (a portmanteau of “quantum” and “bits”). Qubits would be able to be in a quantum superposition of being both 0 or 1, which would allow significantly great processing capability.

  • What is Open Banking?

    Open banking, is a practice that involves the sharing of financial data between financial service providers through the use of application programming interfaces (APIs). This practice could potentially open up new options to consumers and/or significantly compromise individuals' data security and privacy.

Key Terms
Open Banking: Definition, How It Works, and Risks
financial team in business meeting in office
Electronic Data Gathering, Analysis and Retrieval (EDGAR)
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How Does Zola Make Money?
Portfolio
5 Notable Bain Capital Investments
Robotic Process Automation (RPA)
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Decentralized Market
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What Is a Black Box Model? Definition, Uses, and Examples
Chatbot Conversation on Smartphone Screen App Interface With Artificial Intelligence Technology Providing Virtual Assistant Customer Support and Information, Person Hand Holding Mobile Phone
Chatbot Definition, Types, Pros & Cons, Examples
Dematerialization (DEMAT): Definition, How It Works, Benefits
RegTech oversight
RegTech: Definition, Who Uses It and Why, and Example Companies
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Eavesdropping Attack
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In-App Purchasing
New York Woman Depositing Check Remotely
Mobile Banking
How Klarna Lets You Pay Later With No Interest
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Very Small Aperture Terminal (VSAT)
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How to Use Software to Make Arbitrage Trades
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Hierarchical Deterministic (HD) Wallet
MoneyLion
What Is MoneyLion and How Does It Make Money?
Is Apple Pay Safe?
Circle (Financial Services Company)
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Digital Transaction
Keyboard
Rate of Adoption
Digital Transaction Management (DTM)
Split Payment
Top 5 Books About the Fintech Industry
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CHIPS UID
home finances
Aggregation
Electronic Payments Network (EPN)
Woman Paying Bills on Laptop
Micropayment
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Financial Innovation: Definition, Role, Categories, and Examples
Distributed Applications (ĐApps)
Payza
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Micro-Investing Platform
Interledger Protocol
Contactless Card Payment
Dual Interface Chip Card
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Social Payment
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Collaborative Economy
How KakaoTalk Makes Money
eIDV (Electronic Identity Verification)
Large Value Transfer System (LVTS)
Automated Confirmation Transaction Service - ACT
Banknet
Data Anonymization
Mass Payment
Financial Portal
Corporate Trade Payment (CTP)
Dave app
How the Dave Budgeting App Works
Mastercard Acquirer
Money Exchange
Liberty Reserve
Circle
Circle Pay App
Proof of Assignment (PoA)
Woman Is Purchasing Online at Home
Facebook Credits
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Information Silo
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Setting Every Community Up for Retirement Enhancement (SECURE) Act
Nacha Definition
Artificial Neurons - hell
Business Logic: Definition, Benefits, and Example
Business Intelligence Technologies: Some Common Functions
Return on Innovation Investment
ActiveX
Moore's Law says that computers become smaller, faster, and cheaper with time.
What Is Moore's Law and Is It Still True?