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@article{187250,
        author = {Prof. Balkrishna Prajapati and Mr. Sagar Tripathi and Mr. Narendra Kushwaha},
        title = {A Study on the Effect of FinTech (Financial Technology) on the Traditional Banking System in the Vindhya Region},
        journal = {International Journal of Innovative Research in Technology},
        year = {2025},
        volume = {12},
        number = {6},
        pages = {5258-5263},
        issn = {2349-6002},
        url = {https://ijirt.org/article?manuscript=187250},
        abstract = {This research paper investigates the impact of Financial Technology (FinTech) on traditional banking systems in the Vindhya Region of India. The study primarily focuses on how technological innovation influences customer preferences, operational efficiency, and the relevance of brick-and-mortar banking. Using primary data collected through a structured questionnaire from 400 respondents across urban, semi-urban, and rural areas, the research evaluates changes in customer behavior, trust, and satisfaction levels. Statistical tools such as descriptive analysis and chi-square tests were applied to determine the relationship between FinTech adoption and changes in banking habits. The findings reveal a significant positive correlation between FinTech usage and reduced dependence on traditional banking channels. The study concludes that FinTech is reshaping traditional banking into a hybrid digital model and offers recommendations for banks to integrate technological innovation effectively while maintaining customer trust.},
        keywords = {FinTech, Traditional Banking, Digital Transactions, Financial Inclusion, Vindhya Region, Primary Data},
        month = {November},
        }