The introduction of FinTech into the world of finance has no doubt sparked up digital transformation in banking for both start-ups as well as existing banking platforms. This way, FinTech has been able to introduce healthy competition into the banking sector by simplifying communication, enhancing automation and bringing about speedy payment transactions across various financial
It’s been a long time coming and finally, the Stock Market now has an official financial technology index. This index called fintech will be used to track the performance of companies that improve on financial products and services through technology. Since this aspect of the tech and finance industry grows every year, it would make
For many people, the financial technology revolution has not seemed like a revolution at all. It’s been merely an evolution of the services that they already had. Those who have always had bank accounts now also enjoy the convenience of internet banking, online shopping, and instant payments at store checkouts with their phone or card.