A Study on the Impact of Fintech Innovations on Traditional Banking Services

  • Unique Paper ID: 183226
  • PageNo: 573-574
  • Abstract:
  • The rapid growth of Financial Technology (Fintech) has transformed the global financial landscape. Innovative digital solutions, such as mobile banking, peer-to-peer lending, blockchain, and digital wallets, are reshaping customer expectations and challenging the traditional banking model. This study explores the impact of fintech innovations on traditional banking services, with an emphasis on changes in operational processes, customer experience, and market competition. The paper also discusses the opportunities and challenges for traditional banks in adapting to the fintech-driven era.

Copyright & License

Copyright © 2026 Authors retain the copyright of this article. This article is an open access article distributed under the Creative Commons Attribution License which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.

BibTeX

@article{183226,
        author = {Dr.P.Maheswari and Mrs.K.Umamaheswari and Mr.C.Selvakkumar and Mrs. R. Brita Molen},
        title = {A Study on the Impact of Fintech Innovations on Traditional Banking Services},
        journal = {International Journal of Innovative Research in Technology},
        year = {2025},
        volume = {12},
        number = {3},
        pages = {573-574},
        issn = {2349-6002},
        url = {https://ijirt.org/article?manuscript=183226},
        abstract = {The rapid growth of Financial Technology (Fintech) has transformed the global financial landscape. Innovative digital solutions, such as mobile banking, peer-to-peer lending, blockchain, and digital wallets, are reshaping customer expectations and challenging the traditional banking model. This study explores the impact of fintech innovations on traditional banking services, with an emphasis on changes in operational processes, customer experience, and market competition. The paper also discusses the opportunities and challenges for traditional banks in adapting to the fintech-driven era.},
        keywords = {},
        month = {August},
        }

Cite This Article

Dr.P.Maheswari, , & Mrs.K.Umamaheswari, , & Mr.C.Selvakkumar, , & Molen, M. R. B. (2025). A Study on the Impact of Fintech Innovations on Traditional Banking Services. International Journal of Innovative Research in Technology (IJIRT), 12(3), 573–574.

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