Fintech is a fast changing landscape that constantly introduces cutting-edge ideas and developments. From CBDC to KYC, there is a lot of information to process.
Maria Carrisa Sanchez, writing for TechRepublic Premium, presents this quick glossary of fintech terms and concepts to help you understand technological breakthroughs and make educated decisions.
Featured definition from the glossary:
DECENTRALIZED FINANCE
Often referred to as DeFi, this utilizes emerging technology to remove third parties and central financial intermediaries (e.g., banks) from financial transactions. It uses blockchain technology to recreate financial services.
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TIME SAVED: Crafting this content required 20 hours of dedicated writing, editing, research and design.
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