Fintech is an all-encompassing term used to refer to technology in the financial services sector. Fintech involves an ecosystem of technologies such as internet-based and mobile platforms, big data, artificial intelligence, blockchain, and the internet of things.
Fintech has started to disrupt traditional financial technologies and it is about to disrupt the non-profit and humanitarian sector.
How can the use of fintech help your non-profit organization?
Businesses can always benefit from technology that provides more automation.
In addition to cutting down on the number of employees needed to carry out tasks that can be automated, the insights provided by fintech applications can streamline business operations and improve operating efficiency.
Businesses can now rely on AI-powered, data-driven insights to shape strategy. Armed with these insights, businesses can make better informed decisions about where to direct resources and how to target clients.
One of the major benefits of fintech, specifically in regards to blockchain-based fintech and AI-powered regtech for the financial services industry, is the introduction of transparency. Fintech projects create auditable money trails and can help identify potentially fraudulent activity faster and more easily than a human.
Emerge Technology Solutions is focusing on the humanitarian and non-profit sector. We work in partnership with some of the best software development companies in the world to find the best solution for your needs.
Sustainable Services for the Humanitarian Sector