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It's been a while since the term FinTech—referring to the new financial services created through the combination of finance and IT and the companies that offer them—became widespread.

Smartphones can be used to pay for items, without cash, while robots greet customers at bank branches and computers manage assets. Technological innovations have been changing financial services in major ways.

Venture companies have been springing up, primarily on the US West Coast, since the collapse of Lehman Brothers in 2008.

Katsunori nagayasu biography of barack obama

These companies offer innovative financial services, capitalizing on the latest in technology and new business models. Since then, huge amounts of capital have flowed in, and many venture companies have been launched in financial fields, offering a wide variety of new services.

FinTech is starting to garner att