The Impact of FinTech and Blockchain Technologies on Banking and Financial Services
With the emergence of new technologies, banks and financial services around the globe are taking advantage. The rapid development of information technology, internet connectivity, and smartphones has influenced the banking and financial services sector. The combination of financial technology (FinTe...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
Carleton University
2022-05-01
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| Series: | Technology Innovation Management Review |
| Subjects: | |
| Online Access: | https://timreview.ca/timreview.ca/article/1481 |
| _version_ | 1818244086138667008 |
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| author | Anitha Kumari N. Chitra Devi |
| author_facet | Anitha Kumari N. Chitra Devi |
| author_sort | Anitha Kumari |
| collection | DOAJ |
| description | With the emergence of new technologies, banks and financial services around the globe are taking advantage. The rapid development of information technology, internet connectivity, and smartphones has influenced the banking and financial services sector. The combination of financial technology (FinTech) and blockchain is deliberately transforming digital banking services. This study explores the intervention of FinTech and blockchain technologies in digital banking and financial services. The present study shows that FinTech and blockchain have a strong influence on the digitalization trends. The research focuses on processes of modernization in banking and financial services in addition to particular focus on the community. |
| first_indexed | 2024-12-12T14:11:25Z |
| format | Article |
| id | doaj.art-f4899040892d428f8969b776d546752f |
| institution | Directory Open Access Journal |
| issn | 1927-0321 |
| language | English |
| last_indexed | 2024-12-12T14:11:25Z |
| publishDate | 2022-05-01 |
| publisher | Carleton University |
| record_format | Article |
| series | Technology Innovation Management Review |
| spelling | doaj.art-f4899040892d428f8969b776d546752f2022-12-22T00:22:05ZengCarleton UniversityTechnology Innovation Management Review1927-03212022-05-01121/2http://doi.org/10.22215/timreview/1481The Impact of FinTech and Blockchain Technologies on Banking and Financial ServicesAnitha Kumari0N. Chitra Devi1 Hindustan Institute of Technology and Science Hindustan Institute of Technology and Science With the emergence of new technologies, banks and financial services around the globe are taking advantage. The rapid development of information technology, internet connectivity, and smartphones has influenced the banking and financial services sector. The combination of financial technology (FinTech) and blockchain is deliberately transforming digital banking services. This study explores the intervention of FinTech and blockchain technologies in digital banking and financial services. The present study shows that FinTech and blockchain have a strong influence on the digitalization trends. The research focuses on processes of modernization in banking and financial services in addition to particular focus on the community.https://timreview.ca/timreview.ca/article/1481blockchain technologydecentralized financedigital bankingfintech |
| spellingShingle | Anitha Kumari N. Chitra Devi The Impact of FinTech and Blockchain Technologies on Banking and Financial Services Technology Innovation Management Review blockchain technology decentralized finance digital banking fintech |
| title | The Impact of FinTech and Blockchain Technologies on Banking and Financial Services |
| title_full | The Impact of FinTech and Blockchain Technologies on Banking and Financial Services |
| title_fullStr | The Impact of FinTech and Blockchain Technologies on Banking and Financial Services |
| title_full_unstemmed | The Impact of FinTech and Blockchain Technologies on Banking and Financial Services |
| title_short | The Impact of FinTech and Blockchain Technologies on Banking and Financial Services |
| title_sort | impact of fintech and blockchain technologies on banking and financial services |
| topic | blockchain technology decentralized finance digital banking fintech |
| url | https://timreview.ca/timreview.ca/article/1481 |
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