"Financial Technology (Fintech) has emerged in the 21st Century as a new tech that seeks to improve and automate the delivery and use of financial services". Name the four broad categories of users for fintech. What are

There are four broad categories of users for fintech: B2B for banks, Business clients, B2C for small businesses, and Consumers. Some of the most active areas of fintech innovation include or revolve around the following areas: Cryptocurrency and digital cash. Blockchain technology, including Ethereum, a distributed ledger technology (DLT) that maintain records on a network of computers, but has no central ledger. Smart contracts, which utilize computer programs (often utilizing the blockchain) to automatically execute contracts between buyers and sellers. Open banking, a concept that leans on the blockchain and posits that third-parties should have access to bank data to build applications that create a connected network of financial institutions and third-party providers. An example is the all-in-one money management tool Mint. Insurtech, which seeks to use technology to simplify and streamline the insurance industry. Regtech, which seeks to help financial service firms meet industry compliance rules, especially those covering Anti-Money Laundering and Know Your Customer protocols which fight fraud. Robo-advisors, such as Betterment, utilize algorithms to automate investment advice to lower its cost and increase accessibility. Unbanked/underbanked, services that seek to serve disadvantaged or low-income individuals who are ignored or underserved by traditional banks or mainstream financial services companies. Cybersecurity, given the proliferation of cybercrime and the decentralized storage of data, cybersecurity and fintech are intertwined Atomic settlement, when applied to blockchain, means that a transaction either fully completes or is rejected entirely, ensuring that all parts of the agreement are settled simultaneously. Suptech or supervisory technology is the use of technology by regulatory and supervisory authorities to enhance their oversight and enforcement of financial regulations. Regulators use innovative technology monitor, analyze, and supervise financial institutions. Fraud detection and prevention: Utilizing AI and machine learning to detect and prevent fraudulent activities.