[alexchamberlain]

> financial technology ("fintech") firm Barclays

One of the oldest and largest banks in the UK...

[thanatos_dem]

Is your argument that they don’t deal with finances or that they don’t use technology?

[ian0]

Fintech is typically used to describe non-banks operating in the finance industry (and presumably using technology). Before this it was used to describe layering technology into banking. Its not used to describe actual banks. As they have a name already.

[shafyy]

I think their point is that it's uncommon to call a legacy bank a FinTech company, although they use tech and are in finance.

[OJFord]

It's a very jarring introduction - would you say "the financial technology firm Wells Fargo", or would you say "the bank Wells Fargo"?

[alexchamberlain]

I just thought it was an interesting take; I don't think I'd call Barclays a Fintech myself, despite the fact they probably have a massive engineering effort and clearly being financial.