Answered

At Westonci.ca, we connect you with the answers you need, thanks to our active and informed community. Connect with a community of professionals ready to provide precise solutions to your questions quickly and accurately. Get immediate and reliable solutions to your questions from a community of experienced professionals on our platform.

What type of software technology used in FinTech enables software programs to communicate with one another and exchange data without requiring human inputs?

A. Cloud Computing
B. Automated Intelligence (AI)
C. Application Programming Interfaces (API)
D. Augmented Reality (AR)
E. Blockchain

Sagot :

GinnyAnswer

Final answer:

FinTech utilizes Application Programming Interfaces (API) to enable software programs to communicate and exchange data without human inputs. Cloud computing also plays a crucial role in supporting the delivery of online services in the financial technology sector.


Explanation:

Application Programming Interfaces (API) is the type of software technology used in FinTech to enable software programs to communicate with each other and exchange data without human inputs. APIs allow different software applications to interact seamlessly, facilitating data sharing and enhancing the efficiency of financial services.

For instance, in the context of FinTech, APIs can be used to integrate payment gateways with e-commerce platforms or allow financial institutions to access real-time market data for investment decisions. APIs play a crucial role in enabling seamless communication and data exchange in the financial technology sector.

Cloud computing is another integral technology in the digital ecosystem that supports the delivery of online services, including FinTech applications. Cloud services provide scalable infrastructure and storage solutions that are essential for the secure and efficient functioning of financial technology services.


Learn more about Software technology in FinTech here:

https://brainly.com/question/36869615


Thank you for choosing our service. We're dedicated to providing the best answers for all your questions. Visit us again. Thank you for visiting. Our goal is to provide the most accurate answers for all your informational needs. Come back soon. We're dedicated to helping you find the answers you need at Westonci.ca. Don't hesitate to return for more.