Search
 

The New FinTech: Us vs. Them

Seemingly overnight, fintech has been redefined as technology companies that seek to displace or disrupt traditional financial services players.

By John San Filippo | Updated on February 10, 2016

The term fintech (or FinTech, if you prefer the trendier iteration) is being redefined — literally. For as long as credit unions have relied upon computers, fintech — short for financial technology – has referred simply to the technology employed by the financial services industry. For example, your core data processor is a fintech company. Or at least it was.

Seemingly overnight, fintech has been redefined as technology companies that seek to displace or disrupt (another popular term), traditional financial services players by building a better mousetrap. In other words, whereas fintech used to refer to your technology partners, it now refers to your newest competitors.

Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.

Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical CUTimes.com information including comprehensive product and service provider listings via the Marketplace Directory, CU Careers, resources from industry leaders, webcasts, and breaking news, analysis and more with our informative Newsletters.
  • Exclusive discounts on ALM and CU Times events.
  • Access to other award-winning ALM websites including Law.com and GlobeSt.com.

Already have an account?

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Recommended Stories

Credit Union Times

Join Credit Union Times

Don’t miss crucial strategic and tactical information necessary to run your institution and better serve your members. Join Credit Union Times now!

  • Free unlimited access to Credit Union Times' trusted and independent team of experts for extensive industry news, conference coverage, people features, statistical analysis, and regulation and technology updates.
  • Exclusive discounts on ALM and Credit Union Times events.
  • Access to other award-winning ALM websites including TreasuryandRisk.com and Law.com.

Already have an account? Sign In Now
Join Credit Union Times

Copyright © 2024 ALM Global, LLC. All Rights Reserved.