Financial advisors and banks combine information about their clients to be able to easily get a clear picture of that client’s finances. In addition, it adds an extra layer of protection for the client. Consultants and planners hit a wall when their clients don’t give them full access, and they claim it doesn’t give...

• Algorithmic trading is the use of algorithms based on processes and rules to apply trading strategies.

• The Application Programming Interface (API) establishes an online connection between the data provider and the end user.

• The black box model takes input and produces output, but its operation is unknown.

• Websites bill advertisers based on CPC, which is an online advertising revenue model.

• A data warehouse is a store of information over time by a business or other organization.

• Dematerialization (DEMAT) is the transition from physical certificates to electronic accounting.

• An eavesdropping attack is the theft of information from a smartphone or other device while the user is sending or receiving data over the network.

• The Electronic Payments Network is a financial clearing house that processes electronic funds transfers for the private sector.

• Fintech refers to the integration of technology into the offerings of financial services companies in order to improve their use and delivery to consumers.