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Frere Enterprises Asks: What is FinTech? How Is It Changing the World?PETALUMA, Calif., Oct. 16, 2018 /PRNewswire/ -- Financial technology (FinTech) has already changed most people's lives, yet many people don't understand what FinTech is. FinTech is vaguely defined but is used to establish trust, compare data, decentralize power and provide meaning for data. FinTech is found in online banks, online money transfers and in cryptocurrency. It builds history and profiling through comparing data. By using some of the technology already available to us, we should be able to act with more confidence and get more done in a fraction of the time. Brandon Frere, CEO of Frere Enterprises and other ventures, believes that advancements in FinTech may cause improvements in all of our lives. "Imagine how much your finances would improve if you had a robot Warren Buffett advising you," said Frere. "FinTech isn't just money transfer, blockchains and CRMs; it is also anything that strengthens those processes. Any kind of information gathering, comparing or transferring can use FinTech." We are living in the information age and FinTech helps information spread. Here are some examples of how FinTech can be used every day.
"Right now, imagine a world where every employee gets immediate feedback on the execution of every task by an AI. Imagine how much faster the world would be. Imagine every person knowing where to look for the information that they need at breakneck speed. Imagine a CRM device being introduced to smart homes to monitor interactions and give advice for personal habits compared to others. FinTech is creating a path into the future not just for financial development, but for personal development and professional development, as well," said Frere. About Frere Enterprises Run by CEO Brandon Frere, Frere Enterprises is a California-based company with a global vision based around the usage of special financial technology, or SpecFinTech, with a current focus on financial wellness and productivity. He has designed and created multiple companies to meet the ever-demanding needs of businesses and consumers, alike. Frere's website, www.FrereEnterprises.com, is used as a means to communicate many of the lessons, fundamentals and information that he has learned throughout his extensive business and technological endeavors. Through Frere Enterprises, he aims to apply those lessons to other business opportunities. Frere Enterprises' mission is to acquire traditional businesses and digitally transform them to meet and exceed modern day demand. This mission seeks to transform such businesses by developing the newest and most evolved technologies to speed up the evolution of financial services in order to meet the demands of the modern consumer and exceed the potential of the modern era. FrereEnterprises.com Related Images fintech-at-work.jpg Related Links View original content to download multimedia:http://www.prnewswire.com/news-releases/frere-enterprises-asks-what-is-fintech-how-is-it-changing-the-world-300731684.html SOURCE Frere Enterprises |