What is Fintech

The world of banking is changing faster than ever before. Virtual banking, mobile banking and new payment methods have become a constant presence in everyday life. On top of them, there are financial technology companies (Fintech) such as PayPal and TransferWise. And the changes aren’t slowing down anytime soon. As banks continue to explore new payment options, it’s important to understand how they will affect your personal finances. Here’s everything you need to know about Fintech.