The banking industry is going nuts over Fintech. The question I have is why? Fintech’s aren’t new. Firms like FiServ and FIS have existed for decades and certainly meet the classic definition of a financial technology firm. The start-ups have brought real excitement to the banking industry and have pushed traditional banks to think of new business models and ways of operating which is fantastic. However, let’s understand that while certain Fintech disruptors have been able to poke at the bear, the bear is still the bear.
In an effort to be healthier, earlier this year I went on a 45 day cleanse. For 45 days I ate no added sugar, no flour, no chocolate, or fried foods. So basically I gave up all the things that I love. I had to give up yummy pasta, bread, M&M’s, and soft drinks. All in all the cleanse was great, I lost 28 pounds, blood pressure normalized and I feel a heck of a lot healthier. However, what I didn’t give up however are my cigars. I am not a huge smoker but the occasional cigar is a vice that I readily admit to.