Based on reports
Imagine you renew your car insurance via mobile apps.
Imagine you buy PA insurance with a your Android phone or iPhone.
Imagine you can compare the best medical plan for yourself and buy it with the same phone.
FinTech allows us to manage our financial easier and faster, at lower cost, more benefits etc.
Just like Uber affecting taxi drivers around the world, FinTech is going to kill many small traditional player like insurance agents or unit trust consultants.
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