Sector Weights

Fintech is getting more recognition in the new GICS changes.
As of March 17th, 11 S&P stocks will be reclassed out of IT and eight of them will land in Financials, into a new sub-industry focussed on payments.
This will raise the Financials weight to 14% from 11% – though clearly reducing the weight of banks within that, at an interesting point in time.
Source.