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Sarge:
I'd like to ask all three of you, what do you guys see as the biggest emerging technologies? Is there a trend that's changing since the inception of this business?

Lisa Ellis:
For me, and I focus a lot on the payments side, the biggest technology really driving the industry right now is the emergence of tokens or payment tokens, which is how you store ... It's like the version of your card, your payment card that's actually stored online, or in a mobile wallet, or it could be in your Alexa, or in your car.

Lisa Ellis:
It's how you take what used to be a payment credential that was in a physical card, the credit card, the debit card, and transfer that into the digital realm. That's what really is the underlying technology or infrastructure driving an enormous amount of growth in digital payments, whether that's in eCommerce, or in mobile wallets, like Apple Pay, or Android Pay, or coming soon is payments actually also through devices, like through your refrigerator or through your car.

The fintech sector is hot, hot, hot. 

Or, as Jim Cramer wrote in his Real Money column on July 2, "...this market's gaga for anything fintech. It's a believer in any sort of payment processor, even if it isn't making any money." 

And, with different technologies--such as Facebook's (FB - Get Report) Libra and blockchain--entering the fintech space, how is the fintech space changing? 

The question was posed to panelists during TheStreet's fintech webinar, How to Invest in the Coming Digital Payments Revolution. 

Lisa Ellis, a partner at MoffettNathanson and lead analyst for Payments, Processors and IT Services, broke down how she sees emerging technology shaping fintech. 

Here's what she had to say:

"For me, and I focus a lot on the payments side, the biggest technology really driving the industry right now is the emergence of tokens or payment tokens, which is how you store ... It's like the version of your card, your payment card that's actually stored online, or in a mobile wallet, or it could be in your Alexa, or in your car," said Ellis. "It's how you take what used to be a payment credential that was in a physical card, the credit card, the debit card, and transfer that into the digital realm."

You can watch the panel live on TheStreet on Tuesday, July 23 at 1 p.m. ET.