A 'financial system' is a system that allows the exchange of funds between lenders, investors, and borrowers. Financial systems operate at national and global levels. ... Money, credit, and finance are used as a medium of exchange in financial systems.
The role of the financial system is to gather money from businesses and individuals who have surplus funds and channel funds to those who need them. The financial system consists of financial markets and financial institutions. ... List the two ways in which a transfer of funds takes place in an economy.
Monetary means relating to money, especially the total amount of money in a country. or relating to money, or to the mechanisms by which it is supplied to, and circulates in, an economy. In comparison, fiscal relates to public revenues (taxation) and public spending, debt, and finance.
Financial technology, often shortened to fintech, is the technology and innovation that aims to compete with traditional financial methods in the delivery of financial services. It is an emerging industry that uses technology to improve activities in finance.
Competitive Value - Competitive Value is the company's competitive products and services, the "Total Value Proposition," that customers buy in order to solve their business problems and enhance their ability to succeed. Competitive Value is also encompassed in the company's ability to create and deliver the required value to its customers' success. It's not a company's "financial" value. It's the value the company offers for sale to its market, which, when purchased, results in financial value.
Competitive Value Index
A measure that represents a company's ability to understand customer business objectives (needs and wants) and their ability to create and deliver the products and services that customers buy to successfully solve their business problems. It represents the "amount" of competitive value, in the form of assets, a company has and also indicates how much more value it can (or needs) to develop.
We are happy and pleased to successfully release another major version of our awarding Amala App Suite platform for FinTech, especially in financial inclusion of the unbanked and underbanked community in Tanzania, a platform based on Apache Fineract and Mifos.
In this release of Amala we have shipped in the following key new features among others:- –