Published on June 30, 2016
Tags: Financial Technology, Fintech, Insurance
Practices: Financial Markets Regulation, Insurance & Reinsurance Corporate, Insurance & Reinsurance Regulation
Financial technology, or ‘fintech’ as it is more commonly referred to, is taking the financial industry around the world by storm. Over the past ten years, there has been a significant increase in the use of technology in the financial sector, spanning from mobile banking, small business lending, and financial advice. However, despite the financial innovation and technological progress made so far, a large part of the financial industry is still relatively unaffected.