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  • Mark Fritz , Benzinga Staff Writer

You Might Not Want to Get Too Attached to the Term 'Fintech'

You can find “fintech” in nobody’s thesaurus, and there’s a good chance the word won’t be around when the financial services sector catches up to the rest of the world’s technology.

What's In A Name?

“Fintech becomes irrelevant in a couple of years,” said Matthew Hatch, a partner and the Americas FinTech leader at Ernst & Young LLP. “We are using it to describe a change in an industry that has lacked innovation. It will become less relevant as a term as fintech achieves its goals.”

Before “fintech” is put out to jargon pasture, “insurtech” is ...

Read more at Benzinga.

Photo: Getty iStock

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