Markets Media: The Rise of Fintech

By Jen Fagenson

December 5, 2017

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Dash CEO Peter Maragos adds his commentary in a Markets Media  piece on the fintech revolution over the past ten years.

“Fintech has been around in one shape or form since the 70s and 80s, and for most of that time front ends seemed stuck there,” said Peter Maragos, CEO of Dash Financial Technologies. “It’s only been over the last few years that sleek, web-based interfaces the users have grown accustomed to on their consumer apps and devices have been emulated in their institutional platforms, which makes a huge difference regarding usability and overall satisfaction.”

It is almost impossible to overstate the degree to which fintech advancements have helped the institutional investors, he added. “Markets have never been more efficient, and that largely is because new technologies and entrants have either replaced legacy intermediaries, who added unnecessary friction cost or forced those intermediaries to adapt themselves.”

To read the full article, click here.