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Answer: Innovations in technology that enhance the creation and provision of financial services and products.
Option C is correct because fintech, in its broadest sense, encompasses technology-driven advancements in the financial services industry. It includes innovations in designing and delivering financial products and services. While options A and B describe specific aspects (Big Data and automated trading, respectively), they do not fully capture the comprehensive nature of fintech. Fintech also often refers to startups and companies developing these technologies, as well as the broader industry sector.
Author: LeetQuiz Editorial Team
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In its broadest sense, fintech is best described as:
A
The extensive data produced by the financial services sector.
B
The implementation of investment strategies via computer-driven algorithms.
C
Innovations in technology that enhance the creation and provision of financial services and products.
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