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The financial services sector is undergoing a major transformation: For decades, the industry operated within an analog, discrete and enclosed framework. But decentralized finance and fintech work within a digital, embedded and dispersed space. The new paradigm offers customers software and apps rather than traditional paper-based and in-person transactions, and it promises even more. Matthew Harris, a technology investment specialist, assesses the changing landscape in this informative essay aimed at financial professionals.
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About the Author
Matthew Harris is a partner at Bain Capital Ventures.
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