Market Definition Non-fungible tokens (NFTs) are exclusive digital assets that are indivisible and cannot be replicated or exchanged on a one-to-one basis, like cryptocurrencies. NFTs are commonly used to represent ownership or proof of authenticity of digi Read more
- FinTech
- Mar 2024
- 149
- FT33014
- 3,950
Market Definition Peer-to-peer (P2P) payment is a type of online transacting method used by end users for various financial transaction purposes. It serves as an instant payment, cross-border business transactions, decentralized processes, etc. This involve Read more
- FinTech
- Feb 2024
- 153
- FT33013
- 3,950
Market Definition Open Banking is a system that enables external financial services to securely retrieve and utilize information from a user's bank account. This sharing of data is facilitated through standardized interfaces, or APIs, which ensure a secure Read more
- FinTech
- Jan 2024
- 202
- FT33012
- 4,850
Market Definition Cards and Payments refer to the systems and processes enabling financial transactions through various payment methods, including credit cards, debit cards, and digital wallets. It encompasses the issuance of payment cards, transaction proc Read more
- FinTech
- Mar 2024
- 91
- FT33010
- 2,950
Market Definition Mutual Funds (MFs) are termed as a merged collection of money accumulated from a diversified group of investors to invest the collected amount in stocks, bonds, short-term debt, and other securities. By making an investment in such funds, Read more
- FinTech
- Apr 2023
- 194
- FT33011
- 4,850
Market Definition Commercial insurance is a protection plan that is principally designed to insure a business & financially protect it from common risks like client lawsuits, property theft & damage, and customer or employee injuries, among other unexpected Read more
- FinTech
- Sep 2022
- 189
- FT44005
- 4,850
Market Definition Application to Person (A2P) is a type of SMS service often utilized for notifications, reminders, and other communication between an application and a person. It provides two-way communication between the application and the consumer by al Read more
- FinTech
- May 2023
- 167
- FT44004
- 3,950
Market Definition The buy now pays later (BNPL) is a financial option integrated into online shopping e-commerce platforms that allow customers to easily borrow & break their payments over a relatively short period with low-interest rates compared to credi Read more
- FinTech
- Jul 2023
- 190
- FT33009
- 4,850
Market Definition Cryptocurrency, a virtual currency secured using cryptography to track transactions & prevent fraudulent acts, works through decentralized networks based on Blockchain technology. It eliminates the chances of identity theft using authentic Read more
- FinTech
- May 2022
- 180
- FT44003
- 4,850
Market Definition A Peer-to-Peer (P2P) payment is the process through which users can transfer funds from their bank account to that of another individual using the Internet. Pay Pal, Venmo, Google Pay, Paytm, Cash App, Amazon Pay, etc., are a few major P2P Read more
- FinTech
- Aug 2021
- 103
- FT33008
- 2,950