When Giovanni Caselli invented pantelegraph in 1865 little did he know there would be a fancy phrase "financial technology" coined 130 years after his invention. Pantelegraph, an early precursor to modern-day facsimile, was used for signature verification in banking transactions. Mind you, it would take 85 more years after the pantelegraph for the world's first credit card to be introduced and the invention of the ATM machine was still 100 years away. Till the "tech" in FinTech was just an enabler, the equation was quite different. The technology disruption within the financial services industry has been quick over the last decade.