FERNWOOD FITNESS - PULSE eMagazine - Issue#11 - Flipbook - Page 50
MONEY
Current Trends in
Financial Technology
Financial technology, or ‘昀椀ntech’, has
revolu琀椀onised the way we manage
our money. Here are some of the most
notable trends:
Mobile Banking: Mobile banking
has become the norm! These apps
o昀昀er features such as real-琀椀me
no琀椀昀椀ca琀椀ons, budge琀椀ng tools, and
easy transfers, making tradi琀椀onal
banking feel archaic.
FINTECH
Managing Your Money with Technology
BY COLETTE THUNIG, CREATE TRANSFORMATION CONSULTING SERVICES
In today’s digital age, managing your
昀椀nances has never been easier. With a
plethora of online tools and apps at our
disposal, we can now track our spending,
save more effectively, and even invest with
just a few taps on our smartphones.
Budge琀椀ng Apps: These apps help
users track their expenses, set
budgets, and achieve 昀椀nancial
goals. These tools o昀昀er insights into
spending habits and help users stay on
top of their 昀椀nances.
Investment Pla琀昀orms: These
pla琀昀orms have democra琀椀sed
inves琀椀ng, allowing anyone to invest in
stocks, bonds, and other assets with
minimal fees. Robo-advisors, which
use algorithms to manage investments,
have also gained popularity.
Cryptocurrencies and Blockchain:
Bitcoin, Ethereum, and other
cryptocurrencies have become
household names. Blockchain
technology promises secure,
transparent transac琀椀ons, and many
people are exploring these digital
currencies as an investment op琀椀on.
