Which of the following describes Fintech components?

• A. Cloud computing platforms
• B. Manual ledger systems
• C. In-branch banking
• D. Apps, Websites, Software, Hardware

Answer: (D)

Fintech is about delivering financial services through technology, so the components are the digital tools and devices that enable these services. Apps let customers access functions on their phones, while websites provide online access. Software runs the processes that execute transactions, analyze data, and manage operations. Hardware includes the physical devices and infrastructure that support everything, from servers to customer devices. Together, they describe the full set of fintech components.

Cloud computing platforms are part of the underlying infrastructure, but they don’t capture the full range of customer-facing and backend tools. Manual ledger systems rely on non-digital records, which aren’t fintech. In-branch banking represents a service channel rather than the digital components that enable fintech.