Traditional money changer business disrupted by FINTECH start-ups…

Technology disruption is happening in every industry. Even the traditional money changer is facing the pressure of FINTECHs (Financial Technology Start-ups) changing the way currency exchange is done. FINTECHs have a wider reach, lower fixed costs (eg. No retail rental) and can operate 24hrs without human intervention). It’s a question of time before a cashless society becomes a reality. Check out this article on what’s happening to the currency exchange industry….

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s