Disruption, a term given for a significant change that comes to industries as a result of technology. The internet, social media, education, smartphones, entertainment and beyond, have all changed considerably in the last decade, displaying how technology treads at an incredible pace.
Disruption in the banking and finance industry is inevitable. FinTech is not at all new. It has been around in one or another form virtually as long as a financial service has.
Post the global crisis of 2008, FinTech evolved to disrupt and reshape commerce, investments, payments, insurance, asset management, settlement of securities and cryptocurrencies like Bitcoin.
With the foundation of PayPal in 1998, colossal disruption is being witnessed in the investments, banking, lending and the insurance industry in India.…
