How Banks Can Benefit From Financial Technology

By Jeremy Chia

FinTech, a portmanteau for financial technology, has been the hip new buzzword around the startup scene recently as more entrepreneurs look for ways to use technology to improve the financial industry. Consumers have typically faced many challenges when it comes to obtaining financial services. These can include difficulties in obtaining loans, inefficiencies in peer-to-peer transactions or even conflict of interest while obtaining financial advice.

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