FinTech seeing huge usage surge, but some banks still fight it

Written by Miami Today on August 22, 2017

When the capabilities of technology increased, the financial sector saw a way to benefit. Financial technology, commonly known as FinTech, complemented the industry by providing fast, efficient ways to handle banking with a touch of a button on a smartphone. Banks are moving toward embracing it, though some still fight against it.

FinTech, which has seen a surge of usage in the past seven years, according to experts, has been a boon with its streamlined, easy service. The ease of this has also been seen as a disruption to traditional banks…To read the full story click here