It is true that FinTech did push banking forward. You see this in ways such as you mentioned.

However, FinTech did a number on the banking industry. In the US, more than half the mortgages originate outside the banking system. FinTech allowed for the establishment of what they call the "shadow banking" system.

It is only growing too.

Crypto will likely add a third element to the equation, one that could even be more disruptive than all of FinTech.

Posted Using LeoFinance ^Beta