JUNE 2019CIOAPPLICATIONSEUROPE.COM 19cXoinsightse are knees deep in the information age. This should come as no surprise to anyone, especially to those reading these very words. The internet, smart devices, and computers - all of these immense technological innovations have allowed us to gain near-instant access to the bulk of human knowledge, and it's what made it possible for you to come to this article with just a few clicks.It's not only information that's become immediately available, though. For example, interacting with other people is now a breeze through the World Wide Web and telecommunication. The financial sector also underwent dramatic changes, in an effort to implement new inventions and improve its scope and power. However the rise of the so-called fintech, (a portmanteau of financial and technology, capitalized by some as FinTech or Fintech), has its roots reaching farther back than most are aware of.This will be a historical summary of how fintech grew into what we know today.The Origins of FintechThe term "fintech" was first used in the 1990s, as the moniker for the Financial Services Technology Consortium. This project was WThe Surprisingly Long History of FintechMEGAN AREVALO, COMMUNITY MANAGER, CARSURANCE
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