{"id":184383,"date":"2024-04-23T06:30:00","date_gmt":"2024-04-23T05:30:00","guid":{"rendered":"https:\/\/datascientest.com\/en\/?p=184383"},"modified":"2024-04-22T19:51:51","modified_gmt":"2024-04-22T18:51:51","slug":"all-about-fintech","status":"publish","type":"post","link":"https:\/\/datascientest.com\/en\/all-about-fintech","title":{"rendered":"Fintech: What is it? Everything you need to know"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"184383\" class=\"elementor elementor-184383\" data-elementor-post-type=\"post\">\n\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-9732295 e-flex e-con-boxed e-con\" data-id=\"9732295\" data-element_type=\"container\" data-settings=\"{&quot;content_width&quot;:&quot;boxed&quot;}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-7a0aac4 elementor-widget elementor-widget-heading\" data-id=\"7a0aac4\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.15.0 - 02-08-2023 *\/\n.elementor-heading-title{padding:0;margin:0;line-height:1}.elementor-widget-heading .elementor-heading-title[class*=elementor-size-]>a{color:inherit;font-size:inherit;line-height:inherit}.elementor-widget-heading .elementor-heading-title.elementor-size-small{font-size:15px}.elementor-widget-heading .elementor-heading-title.elementor-size-medium{font-size:19px}.elementor-widget-heading .elementor-heading-title.elementor-size-large{font-size:29px}.elementor-widget-heading .elementor-heading-title.elementor-size-xl{font-size:39px}.elementor-widget-heading .elementor-heading-title.elementor-size-xxl{font-size:59px}<\/style><h2 class=\"elementor-heading-title elementor-size-default\">Artificial intelligence and Big Data are applied across all industry sectors. But there is one that has particularly taken advantage of these innovations. It's the financial sector. The financial sector has so thoroughly embraced new technologies that today we speak of Fintech. But what is it about? What is its interest? What are the challenges to be faced? DataScientest responds to all your questions.<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-a215b62 e-flex e-con-boxed e-con\" data-id=\"a215b62\" data-element_type=\"container\" data-settings=\"{&quot;content_width&quot;:&quot;boxed&quot;}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-253964e elementor-widget elementor-widget-heading\" data-id=\"253964e\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">What is Fintech?<\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-5dc05f5 elementor-widget elementor-widget-text-editor\" data-id=\"5dc05f5\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.15.0 - 02-08-2023 *\/\n.elementor-widget-text-editor.elementor-drop-cap-view-stacked .elementor-drop-cap{background-color:#69727d;color:#fff}.elementor-widget-text-editor.elementor-drop-cap-view-framed .elementor-drop-cap{color:#69727d;border:3px solid;background-color:transparent}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap{margin-top:8px}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap-letter{width:1em;height:1em}.elementor-widget-text-editor .elementor-drop-cap{float:left;text-align:center;line-height:1;font-size:50px}.elementor-widget-text-editor .elementor-drop-cap-letter{display:inline-block}<\/style>\t\t\t\t<p><span style=\"font-weight: 400;\">As a result of the <\/span><b>contraction of the words finance and technology<\/b><span style=\"font-weight: 400;\">, Fintech groups together all the technologies used to improve financial services. The goal then is to simplify this sector, making it more efficient, more secure, and more affordable.<\/span><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-bd593de elementor-widget elementor-widget-heading\" data-id=\"bd593de\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h4 class=\"elementor-heading-title elementor-size-medium\">The emergence of new players<\/h4>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-f318f69 elementor-widget elementor-widget-text-editor\" data-id=\"f318f69\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">Beyond new technologies, the term fintech also refers to <\/span><b>startups that use innovations to offer better financial services<\/b><span style=\"font-weight: 400;\">. And their numbers are growing more and more.<\/span><\/p><p><span style=\"font-weight: 400;\">Regarding French companies, we can mention:<\/span><\/p><ul><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Ulule: to facilitate crowdfunding.<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Ledger: to simplify access to cryptocurrencies.<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Lydia: to facilitate online payments.<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Boursorama banque and Bankin&#8217;: two neobanks competing with traditional banks.<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Alan and Luko: next-generation insurance companies.<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Yomoni: an online broker, etc.<\/span><\/li><\/ul>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-5419125 elementor-widget elementor-widget-image\" data-id=\"5419125\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.15.0 - 02-08-2023 *\/\n.elementor-widget-image{text-align:center}.elementor-widget-image a{display:inline-block}.elementor-widget-image a img[src$=\".svg\"]{width:48px}.elementor-widget-image img{vertical-align:middle;display:inline-block}<\/style>\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"800\" height=\"457\" src=\"https:\/\/datascientest.com\/en\/files\/2024\/04\/fintech1.jpg\" class=\"attachment-large size-large wp-image-184389\" alt=\"\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-46f1e29 elementor-align-center button-principale elementor-widget elementor-widget-button\" data-id=\"46f1e29\" data-element_type=\"widget\" data-widget_type=\"button.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-button-wrapper\">\n\t\t\t<a class=\"elementor-button elementor-button-link elementor-size-sm elementor-animation-grow\" href=\"https:\/\/datascientest.com\/en\/data-courses\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t<span class=\"elementor-button-text\">Choose a training course from DataScientest<\/span>\n\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-27565ba elementor-widget elementor-widget-text-editor\" data-id=\"27565ba\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">Globally, there are also many well-known fintech firms, such as Binance (cryptocurrency), Paypal (online payments), Revolut (online banking), etc.<\/span><\/p><p><span style=\"font-weight: 400;\">From <a href=\"https:\/\/datascientest.com\/en\/cryptocurrency-trading-training-become-a-trading-expert-or-create-your-own-crypto\">cryptocurrency<\/a> to stock exchanges, through banks and insurance, fintechs now occupy an increasingly significant place in the financial landscape. Even to the point of <\/span><b>competing with certain traditional players<\/b><span style=\"font-weight: 400;\"> who are sometimes lagging in adopting information and communication technologies. On the contrary, by relying on these innovations, these startups can offer financial services at a lower cost and of better quality.<\/span><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-1f03fdc elementor-widget elementor-widget-heading\" data-id=\"1f03fdc\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h4 class=\"elementor-heading-title elementor-size-medium\">A bit of history<\/h4>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-eea2cec elementor-widget elementor-widget-text-editor\" data-id=\"eea2cec\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">The beginnings of Fintech started in the 1950s with the invention of the credit card. But Fintech as we know it today began with the Internet and <\/span><a href=\"https:\/\/datascientest.com\/en\/big-data-definition-technologies-uses-and-training\"><span style=\"font-weight: 400;\">Big Data<\/span><\/a><span style=\"font-weight: 400;\">.<\/span><\/p><p><span style=\"font-weight: 400;\">In particular, it&#8217;s <\/span><b>since the 2010s that the term has become increasingly popular.<\/b><span style=\"font-weight: 400;\"> Especially after the subprime crisis that impacted traditional financial players. It was time to find alternatives. And that&#8217;s where these startups appeared. They then multiplied fundraising efforts to offer more modern services.<\/span><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-2525e01 e-flex e-con-boxed e-con\" data-id=\"2525e01\" data-element_type=\"container\" data-settings=\"{&quot;content_width&quot;:&quot;boxed&quot;}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-593073e elementor-widget elementor-widget-heading\" data-id=\"593073e\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">What technologies are used?<\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-cc57e49 elementor-widget elementor-widget-text-editor\" data-id=\"cc57e49\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">If fintech aims to revolutionize the world of finance, it is thanks to all the technologies it uses, such as:<\/span><\/p><ul><li><b>Big Data<\/b><span style=\"font-weight: 400;\">: by <a href=\"https:\/\/datascientest.com\/en\/data-analysis-definition-use-of-cases-and-tools\">analyzing large volumes of data<\/a>, they allow startups to better understand their customers,<\/span><\/li><li><a href=\"https:\/\/datascientest.com\/en\/artificial-intelligence-definition\"><b>Artificial intelligence<\/b><\/a><span style=\"font-weight: 400;\">: creating models allows for predictive analysis to anticipate risks but also to provide more personalized customer service (especially with chatbots).<\/span><\/li><li><b>Biometrics<\/b><span style=\"font-weight: 400;\">: or e-signatures for a smoother and more secure customer service.<\/span><\/li><li><a href=\"https:\/\/datascientest.com\/en\/api-the-path-to-seamless-integration\"><b>APIs<\/b><\/a><span style=\"font-weight: 400;\">: to facilitate connections between data, such as <\/span><a href=\"https:\/\/stripe.com\/docs\/api\"><span style=\"font-weight: 400;\">financial APIs<\/span><\/a><span style=\"font-weight: 400;\"> which allow secure and efficient integrations between financial applications.<\/span><\/li><li><b>Process automation<\/b><span style=\"font-weight: 400;\">: the idea is then to improve services while reducing costs.<\/span><\/li><li><a href=\"https:\/\/datascientest.com\/en\/blockchain-course-traps-to-avoid\"><b>Blockchain<\/b><\/a><span style=\"font-weight: 400;\">: this technology improves the storage and transmission of information, making it more secure and transparent. Not to mention that it has enabled the birth of cryptocurrencies, as is the case with <\/span><a href=\"https:\/\/bitcoin.org\/en\/\"><span style=\"font-weight: 400;\">Bitcoin<\/span><\/a><span style=\"font-weight: 400;\">.<\/span><\/li><\/ul>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-0c62c3f elementor-widget elementor-widget-image\" data-id=\"0c62c3f\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"800\" height=\"457\" src=\"https:\/\/datascientest.com\/en\/files\/2024\/04\/fintech2.jpg\" class=\"attachment-large size-large wp-image-184402\" alt=\"\" srcset=\"https:\/\/datascientest.com\/en\/files\/2024\/04\/fintech2.jpg 875w, https:\/\/datascientest.com\/en\/files\/2024\/04\/fintech2-300x171.jpg 300w, https:\/\/datascientest.com\/en\/files\/2024\/04\/fintech2-768x439.jpg 768w\" sizes=\"(max-width: 800px) 100vw, 800px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-4e1ec52 elementor-align-center button-principale elementor-widget elementor-widget-button\" data-id=\"4e1ec52\" data-element_type=\"widget\" data-widget_type=\"button.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-button-wrapper\">\n\t\t\t<a class=\"elementor-button elementor-button-link elementor-size-sm elementor-animation-grow\" href=\"https:\/\/datascientest.com\/en\/data-courses\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t<span class=\"elementor-button-text\">Register for a DataScientest training course<\/span>\n\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-8c97c42 e-flex e-con-boxed e-con\" data-id=\"8c97c42\" data-element_type=\"container\" data-settings=\"{&quot;content_width&quot;:&quot;boxed&quot;}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-f7af37b elementor-widget elementor-widget-heading\" data-id=\"f7af37b\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">What activities are involved with Fintech?<\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-6b908c6 elementor-widget elementor-widget-text-editor\" data-id=\"6b908c6\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">As the financial sector is very vast, Fintech can offer a wide variety of services to their customers:<\/span><\/p><ul><li><b>Banks and insurance<\/b><span style=\"font-weight: 400;\">: this is where Fintech challenges more traditional players. Yes, these startups propose fees significantly lower than their competitors for similar banking services.<\/span><\/li><li><b>Robo advisors<\/b><span style=\"font-weight: 400;\">: these are online financial advisors that also compete with specialized wealth management firms. In this case, the robo advisors rely fully on statistics and data analysis to predict market trends.<\/span><\/li><li><b>Investments<\/b><span style=\"font-weight: 400;\">: whether trading platforms or crowdfunding, these startups are giving a new breath to the brokerage profession.<\/span><\/li><li><b>Cryptocurrencies<\/b><span style=\"font-weight: 400;\">: these new assets that represent a technological revolution in themselves, Fintech also rides the wave to offer new services (especially with the explosion of intermediary platforms).<\/span><\/li><li><b>Regtech<\/b><span style=\"font-weight: 400;\">: ensure the security and compliance of transactions in the banking sector. These startups will, for example, help banks and insurance companies to detect fraud.<\/span><\/li><\/ul>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-1322bf8 e-flex e-con-boxed e-con\" data-id=\"1322bf8\" data-element_type=\"container\" data-settings=\"{&quot;content_width&quot;:&quot;boxed&quot;}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-24bfcb0 elementor-widget elementor-widget-heading\" data-id=\"24bfcb0\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">What are the challenges of Fintech?<\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-b1135f9 elementor-widget elementor-widget-text-editor\" data-id=\"b1135f9\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">Despite all the advances, Fintechs remain new actors facing multiple challenges:<\/span><\/p><ul><li><b>Cybercrime<\/b><span style=\"font-weight: 400;\">: as the services offered by Fintech are based entirely on the Internet and data use, they are particularly exposed to cyber risk.<\/span><\/li><li><b>Financial stability<\/b><span style=\"font-weight: 400;\">: some Fintechs specialized in investments (especially trading and crowdfunding) are more exposed to the risk of loss. And if they tend to grow, this could even lead to the catastrophic scenario we have known with the subprime crisis.<\/span><\/li><li><b>Regulatory constraints<\/b><span style=\"font-weight: 400;\">: in the face of the emergence of these new players, regulatory bodies are getting more involved. This is the case with the Financial Markets Authority (AMF) which has created a new division &#8220;Fintech, innovation, and competitiveness&#8221;.<\/span><\/li><\/ul>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-cf8b571 elementor-widget elementor-widget-text-editor\" data-id=\"cf8b571\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">Today, Fintechs are still booming. But to face all the challenges ahead, they need more than ever experts (in data, in <a href=\"https:\/\/datascientest.com\/en\/cybersecurity-analyst-tasks-skills-training\">cybersecurity<\/a>, &#8230;). So, to integrate into this promising market, start by acquiring the required skills by training. <a href=\"https:\/\/datascientest.com\/en\/data-courses\">DataScientest<\/a> is precisely there to help you.<\/span><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-9a17e22 elementor-widget elementor-widget-image\" data-id=\"9a17e22\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"800\" height=\"457\" src=\"https:\/\/datascientest.com\/en\/files\/2024\/04\/fintech3.jpg\" class=\"attachment-large size-large wp-image-184412\" alt=\"\" srcset=\"https:\/\/datascientest.com\/en\/files\/2024\/04\/fintech3.jpg 875w, https:\/\/datascientest.com\/en\/files\/2024\/04\/fintech3-300x171.jpg 300w, https:\/\/datascientest.com\/en\/files\/2024\/04\/fintech3-768x439.jpg 768w\" sizes=\"(max-width: 800px) 100vw, 800px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-068f0d9 elementor-align-center button-principale elementor-widget elementor-widget-button\" data-id=\"068f0d9\" data-element_type=\"widget\" data-widget_type=\"button.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-button-wrapper\">\n\t\t\t<a class=\"elementor-button elementor-button-link elementor-size-sm elementor-animation-grow\" href=\"https:\/\/datascientest.com\/en\/data-courses\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t<span class=\"elementor-button-text\">Start a training course with DataScientest<\/span>\n\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-8be8caa elementor-widget elementor-widget-html\" data-id=\"8be8caa\" data-element_type=\"widget\" data-widget_type=\"html.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<script type=\"application\/ld+json\">\r\n{\r\n  \"@context\": \"https:\/\/schema.org\",\r\n  \"@type\": \"FAQPage\",\r\n  \"mainEntity\": [{\r\n    \"@type\": \"Question\",\r\n    \"name\": \"What is Fintech?\",\r\n    \"acceptedAnswer\": {\r\n      \"@type\": \"Answer\",\r\n      \"text\": \"As a result of the contraction of the words finance and technology, Fintech groups together all the technologies used to improve financial services. 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