Fintech News Issue #176

In 1999, Anthony Kiedis of the Red Hot Chili Peppers sang about a “Parallel Universe”, unencumbered by the natural laws of the known universe. Around the same time, banks were dealing with the most disruptive technology shift since the introduction of the microchip. It was the dawn of Internet banking and newly-minted Internet banks, backed by reputable brands, began to draw customers out of the branch and onto the Internet. This and quite a bit more in issue #176. – Michael and the FinTech Weekly team