FinTech Discussion Board

Describe FinTech.  Describe with details and examples 3 long-term trends that enabled the rise of Fintech.  Compare the disruption to financial services in China versus the U.S. and China, and the reasons for the differences.
One to two pages, one and half line space, 12 point font, normal margins.
You may refer to the lectures and assigned readings, as well as incorporate insights from articles, reports or news sources with proper citations.