Definition
The use of technology and innovation to make the insurance industry more efficient, from underwriting to claims processing.
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API (Application Programming Interface)
A set of rules that allows different software applications to communicate with e…
Digital Lending
The process of offering loans online, using technology to automate underwriting,…
Open Banking
A system where banks open up their APIs, allowing third parties to access financ…
Robo-Advisor
An automated platform that provides algorithm-driven financial planning and inve…
Regtech
The use of technology to help businesses comply with regulations efficiently and…
Neobank
A type of direct bank that operates exclusively online without traditional physi…
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Browse 350+ finance, crypto, and fintech terms across 12 categories in the Digital.Finance glossary.