Trillions of dollars flow through the global economic system every day and intermediaries in the finance sector take a cut on every dollar, euro and yen. But financial technology – “fintech” – is fast-changing how the system works. Philip Coggan of The Economist explores how the coming technical revolution in finance will create new winners and losers – and perhaps a rebalancing of global financial power.
Producer: Ben Carter
(Photo: Tech Globe on hand. Credit: Shutterstock)