The Digital Transformation: How Financial Technology is Reshaping Modern Banking Services

Authors

  • Ravi Kumar, Clara Santos & Julia Schmidt 1Researcher, Social Research Institute, India, 2Field Researcher, Environmental Policy Center, Brazil, 3Data Analyst, Food Security Initiative, Uganda

Abstract


This research explores the impact of financial technology (fintech) on traditional banking services. By analyzing case studies of fintech innovations, the study identifies key benefits such as increased accessibility, reduced transaction costs, and enhanced customer experience. The findings emphasize the need for traditional banks to adapt to technological advancements to remain competitive in the evolving financial landscape.

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Published

2026-09-20

How to Cite

Ravi Kumar, Clara Santos & Julia Schmidt. (2026). The Digital Transformation: How Financial Technology is Reshaping Modern Banking Services. International Journal of Innovative and Applied Finance, 14(3). Retrieved from https://www.publishpk.net/index.php/ijiaf/article/view/537

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Articles