Financial Technology (FinTech) Is Driven by Mobile Payments, Lending, Insurance and Simplified Online Investment Management, Business and Industry Trends Analysis

Financial technology, often referred to as FinTech, is one of the fastest-growing sectors in the world of business.  Earliest applications of FinTech was basic, pretty much limited to the convenience and market-wide acceptance of managing bank and other financial accounts online.  Today, however, FinTech is about revolutionizing the management and processing of money, from banking to credit cards, from online payments to investments. A vast amount of effort and money is being invested in creating compelling digital payment systems—that is paying for goods and services without cash, often remotely via smartphone or desktop PC.  This includes payments made at retail…

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