FinTech Patent Filings Increasing

FinTech Patent Filings Increasing

Patents for financial technology have significantly increased as FinTech startups and banks rush to file them. Global FinTech patents have grown by 49 percent. The US had the most FinTech patents filed. The surge in patents demonstrates how startups are bringing new products and technology to the market and how traditional financial firms are making an effort to stay relevant. Source