9. 9
Technology-based
innovation in the
financial field
Competition between
sparrows and elephants
Financial innovations by
non-financial
corporations
Providing financial
services as a
complement to the
services of non-financial
technology companies
FinTech
TechFin
FinTernet
ISMACdependencyrate
Time
Internet as banking
network
The convergence of
single fines with IoT
ISMAC-based banking
Network and financial
services
Source: Mostafa Amini, First Branch Transformation Summit, 10 August 2019, Tehran, Iran.