Analysis of News relating to the Digital Money Ecosystem

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Analysis of News relating to the Digital Money Ecosystem

Is this the end of fintech as we know it? - Banking Technology

14/08/2017 Link to source

Is this the end of fintech as we know it? Usage of online banking has more than doubled since 2007, kindling a banking revolution through which the UK has lost 40% of its banks and building societies since 1989. Online banks offer two key services: better banking deals and superior user ...

Context

https://shiftthought.s3.eu-west-2.amazonaws.com/spaces/digital-money/images/framework/psp.pngFinTech
This category relates to Fintech companies and startups
https://shiftthought.s3.eu-west-2.amazonaws.com/spaces/digital-money/images/icons/uk.gifUnited Kingdom
The United Kingdom of Great Britain and Northern Ireland is a sovereign state located off the north-western coast of continental Europe.
https://shiftthought.s3.eu-west-2.amazonaws.com/spaces/digital-money/images/framework/cot_vendor.pngDigital Technology
The Digital Technology domain has been described by Shift Thought™ as a way to understand the technologies that form the basis of the products and services within the Digital Money domain.
https://shiftthought.s3.eu-west-2.amazonaws.com/spaces/digital-money/images/framework/onlinebanking.pngOnline banking
The Online Banking category includes those services that offer the ability to use the web to conduct a range of banking transactions.
https://shiftthought.s3.eu-west-2.amazonaws.com/spaces/digital-money/images/stdefault.pngFinTech
FinTech is a recent term applied to disruptive financial innovation, and is similar to the term "digital money" used by Shift Thought for some years now.
https://shiftthought.s3.eu-west-2.amazonaws.com/spaces/digital-money/images/stdefault.pngTechnology
Technology has a key role to play in enabling innovations in digital money services.

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