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New fintech glossary launched to de-mystify the jargon and simplify the latest concepts
LIBF‘s Centre for Digital Banking and Finance has today launched a comprehensive fintech glossary. Created by a team of industry experts, this innovative resource is designed to provide an indispensable reference for finance professionals, students, and anyone with an interest in fintech, and help them navigate what are often complex terms and jargon.
Fintech, short for financial technology, describes a broad spectrum of new technologies aimed at improving financial services and products for consumers and business. The industry is growing rapidly and covers numerous areas of banking and finance – which means it can be difficult for those working in the sector to keep their knowledge up to date.
The London Institute of Banking & Finance (LIBF)’s new glossary offers a convenient reference for the key terms, technologies, and concepts associated with fintech. It features an extensive collection of definitions, covering things like blockchain, cryptocurrency, bitcoin, micropayment, and more. It is designed to be user-friendly and accessible, making it easy for anyone to navigate and find the information they need.
Helene Panzarino, Associate Director at LIBF’s Centre for Digital Banking & Finance, says: “We are excited to launch this extensive fintech glossary. As the fintech industry continues to evolve, it can be challenging to keep up with all the new terms and concepts that emerge. Therefore, it is essential to have a resource that can help professionals stay up to date on the latest terminology and concepts. Our glossary aims to provide a reliable, accessible source of information for anyone looking to deepen their understanding of fintech.”
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