Financial Technology Solutions definition

Financial Technology Solutions means financial sector innovations involving technology enabled business models that can facilitate disintermediation; revolutionize the creation and delivery of financial products and services; address privacy, regulatory and law-enforcement challenges; provide new gateways for entrepreneurship; and seed opportunities for inclusive growth. These innovations involve financial solutions of all kinds – such as, but not limited to payment; money transfer; lending; crowdfunding; venture capital; banking; trading; investing; stock, future, and commodities exchanges; auditing; asset management; compliance; data storage and authentication; insurance; and risk management.