FinTech Report 2021

Theme Report

2021-10-21

09:20

Financial services are services we use daily as consumers and corporations. It is the bloodstream of the economy, and if it stops, the world will also stop. We all have experienced on different scales how dependent our society is on the financial system working as it should. The financial sector is often seen as a conventional industry with a low level of innovation and generally has a weak level of trust from its customers. This consideration is severe because of how often we use a financial service and manage the customer's money and valuable assets. Fintech is trying to tackle these problems and many more problems we have around the world connected to financial services. What is FinTech? Fintech or financial technology is disrupting traditional financial services through technology. Fintech companies are disrupting several areas of financial services as technology is making it possible to digitally distribute and improve services. Making it more affordable to reach customers, to offer better and cheaper services.

DF

Douglas Forsling

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