《纽约时报》：金融科技行话解析Fintech 'Lingo' Explained
加密货币首次公开发行（ICO）：即Initial Coin Offering，或称为代币发行。本词指新的加密货币企业融资、投资者收到代币作为回报的过程。
加速器与孵化器（ACCELERATORS AND INCUBATORS）：机构选择企业家或创业企业，提供指导，向潜在客户和投资者进行推荐，常用股票份额作为交换。
The world of financial technology - also known as "fintech" -involves lots of buzzwords, jargon and often obscure terminology.
Here's a list of some of the industry's main "lingo."
FINTECH: Or financial technology is the industry known for championing software and technology in the financial sector. A very broad term, it includes anything from a bank ATM, to software used to help spot manipulation of securities markets.
CRYPTOCURRENCY: A digital currency that relies on cryptography to validate and secure transactions. There are different types of cryptocurrencies - bitcoin and Ether are among the best known.
BITCOIN: A digital - or crypto - currency that enables payment in a decentralized peer-to-peer (P2P) network not governed by any central authority or middleman.
BLOCKCHAIN: Software that first emerged as the system underpinning bitcoin. Also known as distributed ledger technology (DLT), it is a shared record of information that is maintained and updated by a network of computers rather than a central authority. It is protected and secured by advanced cryptography.
ETHEREUM: A type of blockchain network. The bitcoin and Ethereum blockchains differ primarily in purpose and capability. While the bitcoin blockchain is used to track ownership of the digital currency bitcoin, the Ethereum blockchain can be used to build decentralized applications. The virtual currency associated with Ethereum is called Ether.
P2P LENDING: Also known as social lending, peer-to-peer lenders run websites where borrowers can secure money directly from lenders bypassing banks.
SMART CONTRACTS: Software that runs on blockchain technology and can automatically enforce the terms of an agreement. A "smart bond", for example would automatically make interest payments to investors. ?
ROBO-ADVICE: Financial advice given through the use of computer algorithms. Robo-advisors, also known as online investment managers, typically invest their clients' money in portfolios made up of low cost exchange-traded funds.
INSURTECH: Inspired by the term fintech, insurtech champions the use of technology to modernize and improve the insurance business.
REGTECH: Or regulatory technology. The term refers to software and other technology aimed at helping financial services businesses comply with regulations efficiently and inexpensively, or regulators enforce rules.
OPEN BANKING: A term used to refer to the use of open APIs by banks to enable third party software developers to create applications and software using the bank's data. APIs are application programming interfaces, a set of instructions and tools that enable software developers to create applications that can interact with another company's systems. For example, by connecting to a bank's API, a fintech startup could develop a mobile phone app that moves money in an out from the accounts of a bank's customers, or simply lets them check their balance.
UNDERBANKED/UNBANKED: People or businesses that have little or no access to mainstream financial services. The World Bank estimates that there are 2 billion adults worldwide without access to formal financial services.
FINANCIAL INCLUSION: Term used to refer to financial products and services aimed at providing more affordable and mainstream options to the underbanked. In fintech, this often involves taking advantage of technology, such as mobile phones, to offer cheaper services to those who have been traditionally overlooked by banks and other financial firms.
ICO: Initial Coin Offering, or a token sale. The process or event in which funds are raised for a new cryptocurrency venture and contributors receive tokens in return.
EQUITY-CROWDFUNDING: When people invest through a website in a company not yet listed on a stock exchange and receive back shares in the firm.
More generic terminology often heard in fintech spheres:
KYC: Or know your client/customer. A process to ensure businesses identify and verify the identity of their clients, for anti-money laundering (AML) purposes.
ENCRYPTION: The process of encoding messages. Once something has been encrypted, a key is required to turn that code back into useful data.
OMNI CHANNEL: A retail model that integrates different purchasing methods for customers such as online, by phone or in store. Omnichannel banking, for example, means offering banking across those three methods.
ACCELERATORS AND INCUBATORS: Organizations that select entrepreneurs or startups and offer them coaching, mentoring as well as exposure to potential clients and investors - often in exchange for an equity stake.