There's a memorable scene that we can all relate to from the film Willy Wonka and the Chocolate Factory when the group of children and their parents are brought into the candy factory for the first time. They are let loose to taste and experience the amazing display of sweets in front of them. The vastness of the place and variety before them is both overwhelming and joyful.
That scene helps to describe what is taking place within the exploding world of financial technology (fintech) in the sense that financial services players and consulting firms are presented with a wide spectrum of new and very appealing choices in product and service ideas. New innovations are being developed for banking, insurance, wealth management, foreign exchange, trading, and many other pockets within the financial services industry.
