As Featured on Nasdaq.com
It hasn’t been very long since people like Don Draper were required for virtually all parts of personal and business finance. Sending money, lending, and payments were all monopolized by the banking industry. Thanks to leaders in the financial technology community, known collectively as “FinTech,” that is all changing.
Money is moving faster than ever, and the banking industry chokehold on financial transactions is loosening. Here are some industries where we are seeing rapid change thanks to FinTech and where we can expect to see much more progress in the future.