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Front Page » Breaking News » FinTech seeing huge usage surge, but some banks still fight it

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

Written by 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

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