3 Ways Fintech is Revamping An Aging Bank Infrastructure
Technology in the financial sector, otherwise known as fintech, has matured at an impressive rate in recent months. Much of this progress can be directly attributed to growing interest from brick-and-mortar banks. In fact, these pillars of the financial sector have raised $14.6 billion in venture capital last year for a tech movement that some thought might herald the end of traditional banking. Despite the sometimes contentious relationship, banks are clearly seeing promise in financial technology as it continues to evolve. With that in mind, here are a few ways banks are currently using this innovative technology.