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Fintech is a nascent yet rapidly growing industry. Imagine how rapidly China developed from a primarily rural economy to a global economic powerhouse in several decades. Now imagine an equivalent growth but within one decade. All rapidly growing influential industry has lead and lags. Fintech’s lead is finance and technology; the lag is the political arena.
Both Democrat and GOP candidates have paid visits to Silicon Valley to procure support for their respective campaigns. On their part, fintech has their coterie of lobbyists as well, but their influence and monies pale in comparison to long-term established industries such as finance, ... (read more)