Abstract
Financial technology (Fintech), including a series of advanced technologies such as big data, artificial intelligence and block-chain, has been gradually applied to various industries after years of development and will become the major driver of the future financial industry. As one of the largest financial markets in the world, the traditional foreign exchange service industry is gradually entering the era of fintech, bringing new vitality to the foreign exchange market through advanced technology and improving the efficiency of foreign exchange management. However, while enjoying the opportunities brought by fintech to the foreign exchange field, practitioners in both fintech and the foreign exchange industry should also actively face the challenges and try to build a safe and efficient foreign exchange market environment.
Highlights
Financial technology (Fintech), as the name implies, refers to the mutual penetration and integration of finance and technology, driving the innovation of financial industry with advanced technology
According to the definition of the Financial Stability Board (FSB), fintech mainly refers to emerging business models, new technology applications, new products and services that are driven by new cutting-edge technologies such as big data, block-chain, cloud computing and artificial intelligence and have a significant impact on the financial market and the supply of financial services
By digging through the existing problems in the foreign exchange market, in combination with the meanings and characteristics of a series of technological innovations such as big data, block-chain and artificial intelligence, we will investigate which new business models, applications or products these technologies can create for the foreign exchange industry, so as to promote the upgrading of the structure of the foreign exchange market and the improvement of trading efficiency
Summary
As the name implies, refers to the mutual penetration and integration of finance and technology, driving the innovation of financial industry with advanced technology. According to the definition of the Financial Stability Board (FSB), fintech mainly refers to emerging business models, new technology applications, new products and services that are driven by new cutting-edge technologies such as big data, block-chain, cloud computing and artificial intelligence and have a significant impact on the financial market and the supply of financial services. By digging through the existing problems in the foreign exchange market, in combination with the meanings and characteristics of a series of technological innovations such as big data, block-chain and artificial intelligence, we will investigate which new business models, applications or products these technologies can create for the foreign exchange industry, so as to promote the upgrading of the structure of the foreign exchange market and the improvement of trading efficiency
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have