Thesis Abstract

<p>This research project aims to explore the role of financial technology (FinTech) in transforming the banking industry. FinTech refers to the innovative use of technology to deliver financial services in a more efficient, convenient, and customer-centric manner. The banking industry has been significantly impacted by the emergence of FinTech, with new players entering the market and traditional banks adopting technological advancements to stay competitive.<br><br>The research will adopt a mixed-methods approach, combining quantitative analysis of industry data and qualitative analysis of interviews with industry experts and banking professionals. The quantitative analysis will involve examining the adoption and impact of various FinTech solutions, such as mobile banking, digital payments, blockchain technology, and artificial intelligence, on key performance indicators of banks, including profitability, customer satisfaction, and operational efficiency.<br><br>Additionally, the qualitative analysis will provide insights into the motivations, challenges, and strategies employed by banks in adopting and integrating FinTech solutions. Interviews with industry experts and banking professionals will shed light on the opportunities and risks associated with FinTech implementation, the changes in customer behavior and expectations, and the regulatory implications for the banking industry.<br><br>The findings of this research will contribute to the existing literature on the role of FinTech in transforming the banking industry. By examining the impact of FinTech on various aspects of banking operations and customer experience, this study aims to provide a comprehensive understanding of the opportunities and challenges brought about by FinTech. The research outcomes can inform banks in formulating effective strategies for FinTech adoption, help regulators in designing appropriate policies, and guide investors in evaluating the potential of FinTech-driven banking models.<br><br>Overall, this research project seeks to enhance the understanding of the role of financial technology in transforming the banking industry, providing valuable insights for both academia and practitioners in the fields of finance, technology, and banking.<br></p>

Thesis Overview