IRMA-International.org: Creator of Knowledge
Information Resources Management Association
Advancing the Concepts & Practices of Information Resources Management in Modern Organizations

Disruptive Innovations: Impact of Fintech in the Banking Industry

Disruptive Innovations: Impact of Fintech in the Banking Industry
View Sample PDF
Author(s): K. Malavika (Department of Management, Central University of Tamil Nadu, India), K. V. Adithya (Department of Management, Central University of Tamil Nadu, India)and S. Visalakshmi (Department of Management, Central University of Tamil Nadu, India)
Copyright: 2024
Pages: 21
Source title: Recent Developments in Financial Management and Economics
Source Author(s)/Editor(s): Abdelkader Mohamed Sghaier Derbali (Taibah University, Saudi Arabia)
DOI: 10.4018/979-8-3693-2683-1.ch018

Purchase

View Disruptive Innovations: Impact of Fintech in the Banking Industry on the publisher's website for pricing and purchasing information.

Abstract

A significant transformation has occurred in the banking sector in recent years due to the emergence of new Fintech businesses that are providing cutting edge services and technologies that are altering the way banks conduct business. Innovative services like online payments, data analytics, wealth management, and investment banking are provided by Fintech solutions, which elevate the banking process to a new level and maximize the Fintech's influence on the banking sector. This chapter aims to comprehensively examine the disruptive nature of Fintech innovations and their impact in the banking industry. It highlights how FinTech companies affect the financial stability of banks, how Fintech has has enhanced customer experience through mobile banking apps, online transactions and personalized services. It also emphasizes how the Fintech solutions have improved operational efficiency and reduced cost for Banks. The findings of this study will offer actionable insights to stakeholders for embracing innovation, addressing challenges, and navigating the evolving landscape of fintech-integrated banking.

Related Content

Javier Martínez-Falcó, Eduardo Sánchez-García, Bartolomé Marco-Lajara. © 2025. 22 pages.
Ajay Kumar Singh. © 2025. 32 pages.
Mehmet Levent Erdas, Gamze Gocmen Yagcilar. © 2025. 22 pages.
Mehul Saxena, Gaurav Dawar. © 2025. 18 pages.
Peterson K. Ozili. © 2025. 10 pages.
Javier Martínez-Falcó, Eduardo Sánchez-García, Bartolomé Marco-Lajara. © 2025. 42 pages.
Óscar Díaz-Chica, Celia Martín-Sierra, Claudia Roldán-García. © 2025. 34 pages.
Body Bottom