Emerging Technologies: FinTech.
History FinTech started to evolve in the 1990s when the Internet and E-commerce market models emerged, and by the following years, most banking had been entirely digitalised. After the Global Financial Crisis in 2008, where many people lost trust in conventional banks, security and transparency had been more critical than ever. This change in perspective enabled the development of new customised solutions and regular practices, such as providing access to banking profiles, billing, and money transfer in converted currencies. (FinTech Weekly, 2021) Definition The word FinTech has been used in a variety of sectors worldwide, sometimes in unpredictable and vague ways. So far, no effort has been made a shared understanding of the term FinTech. (Schueffel, 2016) Nowadays, researching FinTech definition is challenging itself as there is no standard description of what FinTech is and what essential innovations the word includes. (Marck A, et al., 2019). However, many autho...