Welcome to our fourth blog article in the History series. So far we have discussed healthcare, logistics, and retail. The use of EDI in the financial industry encompasses quite a few sub-industries: education (student loans), banking, government and insurance to name a few. Furthermore, the globalization of our industries and commerce has forced us to rely on EDI in such a way that without it, our economies would simply collapse. The exchange of money between countries, companies and governments is 100% dependent on electronic data interchange - from payments, to currency conversions to taxes and everything in between.