Essay Examples on Salus University

NASDAQ in 1971 is another step in the development of the National Market System

NASDAQ in 1971 is another step in the development of the National Market System for trading securities physically and also electronically Early example of today s Fintech was the introduction of the Bloomberg Terminal in 1984 At this period of time financial sector has entered deeply into the digital industry with computerized and atomized processed that were bringing benefits as well as introducing many different security risks Next level of development was marked with the Internet disruption Majority of the financial services were moved online in order to meet the customers online and by the beginning of the 21st century financial transactions has been fully digitized IT sector played very significant role in the banking and finance sector 2 1 3 Fintech 3 0 In many research papers the GFC of 2008 is mentioned to be the turning point of the growth of Fintech 3 0 The post crisis period has had major influence on many different factors such as public perception and human capital which furthermore triggered the innovative products in the financial sector and banking industry One very relevant reason for that was the lost trust in the banking system and it allowed many young startups to challenge the business models of the traditional banks and financial companies 



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