FinTech companies are lending and processing money in greater sums than ever before, initiating new financial models that could restructure entire economies in the long-term. This explosion of tech in the financial sector presents a powerful opportunity for consumers who are increasingly gravitating towards digital processes, but for the fintech providers themselves, let alone the major financial institutions, this also introduces an array of new potential pain points that could redefine the way they procure and implement services. While fintech startups pursue grand visions for disrupting the future of finance, major financial institutions must maintain a clearly defined perspective on how new technologies impact the needs of their customers who are seeking more personalized and cutting edge services. Read more: techbullion.com
