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Financial technology or Fin Tech is the use of technology in the field of finance. This study helps to ease the process of studying transactions and data research more efficiently and practically. The course of financial technology or Fin Tech includes the study of finance, technology, computing and business creation.
Fintech combines the technology from big data and analytics, mobile computing and modern financial services. Some of the activity in the sector is being carried out by the large, existing financial institutions, but the majority comes from small companies who are developing disruptive technologies.
Fin Tech is teaching a new way of handling the money to banking and the finance industry and this is increasing the scope of skilled graduates in Ireland. The use of mobile banking, crypto currency are some of the examples to see how the face of money is changing with the changing times.
This new study is being sort in many sectors like banking and finance, strategic and security planning, technology, and many more new ventures.
Ireland is currently a land of many Fin Tech companies and many more are about to start. This has increased the requirement of skilled professionals in the sector. A lot of graduates in M Sc. in Fin Tech are required to contribute towards changing the shape of financial industry in Ireland.