Answer to Question #285711 in Economics for Fareed Askul

Question

Finance has gained great momentum and improvement over given period since 1960s.The revolution has caused a lot of development in the field of finance and thw contribution from various scholars have also been recognized. Discuss various revolution steps in the field of finance and recognizing various philosophers (10mks)

Answer 1

Philosophy of science is a branch of philosophy concerned with the foundations, methods, and implications of science. The central questions of this study concern what qualifies as science, the reliability of scientific theories, and the ultimate purpose of science.

Digital innovation in financial services needs to be balanced with regulatory requirements.

Open banking, or consumer-directed finance, allows customers to share their financial data securely with trusted third parties to get a better understanding of personal finances and access to new financial products and services.