Financial services in particular are within the eye of the storm of the change as a result of financial technology, or ‘fintech’. An elementary Google search on fintech results in no fewer than 35.2 million hits. Investment in fintech over the last three years is estimated to have been well over $ billion dollars.2  1 2  Joseph A. Schumpeter (2013).
Capitalism, socialism and democracy. Routledge. KPMG (August 2017). Global analysis of investment in fintech. Page 1 of 11  Attention to the emergence of fintech has come from every quarter. There have been contributions from the World Economic Forum reflecting the potential of distributed ledger technology across wide-ranging financial services and activities.