Introduction

The current banking system extracts from the very people who need financial services the most. Big financial institutions already spend billions of dollars a year simply to maintain the existing systems and comply with regulations, leaving little room for new product development. What if software could address these hard structural problems ena even non fintet companies to provide financial services for their customers? The next bank does not have to start out as a bank. Why every company will become a fintek company, the next era of financial services and the a w s phase for fintek....