Fintech and the disruption of financial services

THE last few years has witnessed the propagation of a plethora of terms such as artificial intelligence (AI), big data, robo-advisory, blockchain, cryptocurrency, insuretech, investtech, cloud computing, crowdfunding and many more. All of these have been collectively called fintech, but what really is fintech? What are these technologies and how do they fit together?

In this four-part series of articles, I summarise extracts from my new book, Fintech: The New DNA of Financial Services, which provides a holistic view of all categories of fintech, and how they will progressively bundle to either disrupt incumbent processes and businesses, or where they will force the industry to become more efficient.

Most importantly, I focus on explaining concepts and terminologies in depth, while refraining from using any programming or mathematics, so that it is readable by every industry professional, student and the common man.