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Top fintech investments to jump on now

If the term “fintech,” meaning financial technology, is new to you, don’t despair. Before the financial crash, it was known by few outside the industry, and it really didn’t enter common usage until just a few years ago. The need to switch from strip to chip based credit and debit cards brought fintech out into the open, and there it has stayed, as the reality is that now, many technologies are competing for your monetary transaction business.

After resisting change for as long as they could, old and established fintech companies such as Visa (V), Mastercard (MA), and American Express (AXP) are now working on innovating in order to maintain their presence, but I maintain that the risk is far greater than the opportunity for these companies. On today’s list I’ll be focusing on the more disruptive companies in fintech, though disruptive doesn’t necessarily mean small. Changing the way we buy is part of the strategy of a few big companies.

Remember to treat these ideas as just that, ideas, and do your own research before making any investment decision.

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Julian Close

Julian Close became a stockbroker in 1995. In his 20 years of market experience, he has seen all market conditions and written about every aspect of investing. Julian has also written extensively on corporate best practices and even written reports for the United Nations. He graduated from Davidson College in 1993 and received a Master of Arts in Teaching from Mary Baldwin College in 2011. You can see closing trades for all Julian's long and short positions and track his long term performance via twitter: @JulianClose_MIC.