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How [And Which] FinTech Startups Are Breaking Banking

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How [And Which] FinTech Startups Are Breaking Banking by Pavel Cherkashin

I posted an oped on the shadow banking economy and the new American dream in Yahoo Finance a few weeks back. Today, we’re going to give more information as a part 2 to this sub-market in the banking in the industry.

I’ve talked about how the global financial system is broken and how that freelancers are getting the short end of the stick.

The free banking economy goes much deeper than you may think. The freelancer economy is happening all around us. IRS calls them “Independent Contractor” or 1099ers.

The government actually likens them to public stenography or auctioneering in an official capacity; but in reality, freelancers...

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