You work for a financial services company. The company is unsure how to interpret the hype in the market about the implications of digital innovation and disintermediation for its own future. You recall having discussed the history of financial innovation and watched the documentary Ascent of Money in your intro finance class. How would you apply your understanding of the path of financial innovation since the days of Shylock in scoping the impact of digital innovation on the financial services industry? Prepare a briefing note for the top management.