FINANCIAL TECHNOLOGY (FINTECH) INNOVATIONS AND DISRUPTIONS

R.Dheepesh , M.Tamilarasan , R. Murugaganesh

Disruptive Innovation, E-Commerce, FinTech, Indonesia.

FinTech, or financial technology, has become a disruptive force that is changing the face of traditional financial services. It looks at the main forces behind FinTech's growth, the technologies that support its innovations, and the effects that these have on both customers and traditional financial institutions through a thorough analysis. This study attempts to offer insights into the transformative potential of FinTech and its implications for the future of finance by exploring case studies and industry trends.This journal article offers a thorough analysis of the advancements and industry disruptions brought forth by financial technology, or FinTech. FinTech has developed quickly, upending established financial institutions and changing the financial services industry. This paper investigates the major technical developments, legal frameworks, and market trends influencing the FinTech ecosystem by a thorough examination of academic journals, industry publications, and case studies. It also looks at how FinTech affects different stakeholders, such as established financial institutions, customers, authorities, and society at large. This study provides insightful information about the transformative potential of FinTech and its implications for the future of finance by integrating existing research and identifying upcoming trends. Financial services are significantly disrupted by the introduction of FinTech-related products. It offers financial products and services by non-financial sectors into automation, which is user-friendly, efficient, and transparent, just as banking and financial sectors, even though it is still a long way from replacing present financial services.

Published Paper   E-Certificate

"FINANCIAL TECHNOLOGY (FINTECH) INNOVATIONS AND DISRUPTIONS", IJSDR - International Journal of Scientific Development and Research (www.IJSDR.org), ISSN:2455-2631, Vol.9, Issue 5, page no.334 - 337, May-2024, Available :https://ijsdr.org/papers/IJSDR2405048.pdf

Volume 9 Issue 5, May-2024

Pages : 334 - 337

Paper Reg. ID: IJSDR_211204

Published Paper Id: IJSDR2405048

Downloads: 000347327

Research Area: Management

Country: Namakkal, Tamil Nau, India

Published Paper PDF: https://ijsdr.org/papers/IJSDR2405048

Published Paper URL: https://ijsdr.org/viewpaperforall?paper=IJSDR2405048

ISSN: 2455-2631 | IMPACT FACTOR: 9.15 Calculated By Google Scholar | ESTD YEAR: 2016

An International Scholarly Open Access Journal, Peer-Reviewed, Refereed Journal Impact Factor 9.15 Calculate by Google Scholar and Semantic Scholar | AI-Powered Research Tool, Multidisciplinary, Monthly, Multilanguage Journal Indexing in All Major Database & Metadata, Citation Generator

Publisher: IJSDR(IJ Publication) Janvi Wave

This work is licensed under a Creative Commons Attribution 4.0 International License and The Open Definition