2015 has been the year of fintech. More and more bankers left their jobs in the traditional finance industry for zero-salary careers in the technology sector, while institutions such as Barclays, Santander and UBS started to experiment with blockchain this year. Last year was hailed as a landmark year for fintech and although billions of dollars were spent on this industry in 2014, the sector has grown immensely this year.

Human vs. Robot

In February, it was announced that Japan’s biggest bank, Mitsubishi UFJ, would employ humanoid robots called Nao which were developed by the French Aldebaran Robotics. At the time, the bank was one of many that were investing in non-human resources after the Prime Minister, Shinzo Abe, encouraged the country to use robots to assist financial growth. Chief manager of information technology initiatives at Mitsubishi UFJ, Takuma Nomoto, believed that these machines could replace jobs for humans, but do them better. “Robots can supplement services by performing tasks that our human workers can’t, such as 24-hour banking and multilingual communication.”