Too Long; Didn't Read
Financial Technology or Fintech has been around for quite some time. We can go as far as to say that it has been. around since the evolution of the modern society. In the 1970s the first digital stock exchange, NASDAQ, was established, which laid the foundation for the operation culture of modern financial markets. In 1973 SWIFT (Society For Worldwide Interbank Financial Telecommunication) was created, which is the most commonly used communication protocol between financial institutions. This was a turning point for people to view the. money and financial institutions the same way as they are now.