Fintech is financial tech. It is what the banking system, money system, and almost all financial systems and ways of life is moving towards!
Unlike traditional banking systems, Fintech has a much broader reach, offers better solutions, and is faster. Then why wouldn’t it take over the financial industry.
We will continue to have banks, but they will be different then they were before, yet much better.
In addition, our money system is changing too. We are seeing a new technology called blockchain lead by Bitcoin, which is looking to become the new monetary system without a central authority. It is a pretty amazing time for Fintech, and we are proud to be providing the leading tech news on it!