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

Over the shoulder view of Asian woman holding smartphone, analyzing investment trading data on crypto graph with smartphone and laptop while working at home. Cryptocurrency, bitcoin, digital ledger
How to Automate Your Investing
Overview of Insurtech & Its Impact on the Insurance Industry
Cost Per Click (CPC)
Cost Per Click (CPC) Explained, With Formula and Alternatives
Open Banking
Open Banking: Definition, How It Works, and Risks
The Rise of the Computer-Built ETF
Mobile Payment: Payments Made From a Smartphone or Tablet
financial team in business meeting in office
Electronic Data Gathering Analysis and Retrieval: Overview, FAQ
Investmments and asset allocation concept on a newspaper.
Constant Ratio Plan: Meaning, Types, History
<p>Bride's hands with rings</p>
How Does Zola Make Money?
5 Notable Bain Capital Investments
Robotic Process Automation (RPA): Definition and Benefits
Bitcoins on blue binary code background
Decentralized Market
Focused engineer working at laptop
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
How Riskalyze's Risk Analysis Software Works
RegTech oversight
RegTech: Definition, Who Uses It and Why, and Example Companies
A hand plucking an envelope icon out of a pile
Eavesdropping Attack: Definition, How They Work and Prevention
Women sitting in shopping area looking at internet
In-App Purchasing: Definition, Conveniences, and Securities Risks
New York Woman Depositing Check Remotely
Mobile Banking
The skyline of the globe on the space overlay with network holograms.
Very Small Aperture Terminal (VSAT): Definition and How It's Used
A ruler measuring wood blocks that read arbitrage
How to Use Software to Make Arbitrage Trades
Bitcoin logo on circuit board, illustration
Hierarchical Deterministic (HD) Wallet: Meaning in Cryptocurrency
What Is MoneyLion? How It Works, How to Get a Loan, and Fees
The Complete Guide to Choosing an Online Stock Broker
Interactive Brokers Adds Features to IBKR Mobile
8 Best Cloud Storage Solutions for Small Business
Is Apple Pay Safe?
The Future of Fintech
Circle (Financial Services Company)
Woman with credit card and tablet
Digital Transaction Definition, How It Works, Benefits
How Splitwise Makes Money
Rate of Adoption: How it Works, Examples
Digital Transaction Management: What It is, How It Works
Split Payment: Meaning, Examples and Use Cases
Abstract mirror building texture
CHIPS UID: What it is and How it Works in Fintech
home finances
Aggregation: Meaning, Importance, Effects
Electronic Payments Network (EPN): What it is, How it Works
Woman Paying Bills on Laptop
Micropayment: What it is, How it Works in Fintech
A hand reaching for conceptual idea lightbulbs
Financial Innovation: Definition, Role, Categories, and Examples
Distributed Applications (DApp): Meaning, Example, Blockchain
Payza: Meaning, Business Model, Legal and Technical Issues
Financial data showing a rising trend with magnifying glass.
Micro-Investing Platform: What it Means, How it Works
Interledger Protocol: What it Means, How it Works
Contactless Card Payment
Dual Interface Chip Card: What it Means, How it Works
A screen of blue code text over a black computer background.
Social Payment: What It Means, How It Works, Pros and Cons
Playful Volunteers Packing Soup Containers in Crate in Soup Kitchen
Collaborative Economy: Meaning, Examples, Challenges
Kakao Talk App on Apple iPhone 4s Screen
How KakaoTalk Makes Money
Interchange: What It is, How It Works, FAQs
eIDV (Electronic Identity Verification)
Large Value Transfer System (LVTS): Meaning, How It Works
Automated Confirmation Transaction Service (ACT) Overview
Banknet: What It Means And How It Works
Data Anonymization: Meaning, Techniques, Reasoning
Mass Payment: What It Is, How It Works, Execution And Benefits
Financial Portal: What It Is, How It Works, Example
Corporate Trade Payment (Ctp): What It Is, How It Works
Dave app
How the Dave Budgeting App Works
Mastercard Acquirer: What It is, How It Works
Money Exchange
Liberty Reserve: What It is, How It Works