Video: Why FinTech is the future

Financial technology is developing at a rapid pace. While just a few years ago the world relied heavily on paper and outdated or clunky IT systems, today it is possible to entirely automate the invoicing process between a vendor and its customer.

Such digital revolutions reflect the dawn of a new era of business, where a company of any size can access the finance they need at the touch of a button. Ready cash has always been the risk factor in any business aspiring to grow, but with new technology comes empowered decision making, enabling people to make the choices that are right for them.

Henning Holter from Tungsten speaks with The New Economy to discuss how technological innovations are changing the financial landscape.