Apple is a world-famous technology manufacturer. The company is constantly creating new solutions and products that make using gadgets as easy as possible. Apple Pay safe is a contactless payment method. Some users actively use this option, and some are skeptical about it.
Open banking is a process that provides interactions in the banking area. It allows financial service providers and other organizations to access information and transactions.
The development of technology leads to changes in all areas. And banking services are no exception. Mobile banking is the use of a mobile phone to manage finances. It is the easiest and most convenient way to manage personal and credit accounts and pay for purchases and services.
Fintech has a significant impact on investment. Studies and surveys show that more than 40% of investors prefer firms that use digital technologies. Fintech makes money management more accessible and more efficient.
With the development of the Internet, the field of money management has also changed significantly. The financial advisor model began to transform as early as the 1970s, gradually transforming into mutual funds. In the 2000s, the active development of the Internet and the automation of money management began, and now intensive progress in this industry continues, which has created new roles for financial advisers.
Until the 2010s, fintech was more of an ancillary sector. Financial technologies were used mainly in banks and on stock exchanges as something internal. However, there has been a radical change over the past ten years. Now financial technologies are becoming more accessible to individual clients. Private venture capital and the share of investments directed to fintech have grown tenfold.
