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This research study aims to explore the transformative impact of fintech innovation on traditional banking systems.With the rapid advancement of financial technology (fintech) solutions, traditional banking institutions are facing increasing disruption and competition.This study will investigate the key drivers behind fintech innovation, the disruptive technologies reshaping the banking landscape, and the implications for traditional banking institutions.Through a comparative analysis, the research will examine the strategies adopted by traditional banks to adapt to the changing financial ecosystem and leverage fintech innovations to enhance their competitive position.Additionally, the study will assess the challenges and opportunities presented by fintech disruption, including regulatory concerns, customer preferences, and market dynamics.By analyzing case studies and industry trends, this research aims to provide insights into the evolving relationship between fintech startups and traditional banking institutions, offering valuable implications for industry stakeholders, policymakers, and researchers.
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Kapoor et al. (Thu,) studied this question.
www.synapsesocial.com/papers/68e7318bb6db6435876aad53 — DOI: https://doi.org/10.56726/irjmets50689
Riya Kapoor
Jagmeet Soni
International Research Journal of Modernization in Engineering Technology and Science
Universal Engineering College
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