It seems like just about every article you read about the future of the financial industry incorporates fintech in some way. And yet, there seems to be no common or agreed upon definition of exactly what fintech is. Why is that?
As an organization that deals with every aspect of financial contracts, vendors and partnerships, Strategic Resource Management has a unique perspective. There is no agreed upon definition because fintech is not a single thing. And, the financial industry is not unique when it comes to technology disruption from all corners.
Consumer expectations for financial services, especially payments, are swiftly evolving, requiring financial institutions to "up their game" to stay competitive, or even relevant. That is exactly the space that fintech players are rushing to fill.
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