Thesis Abstract

Abstract
The rapid evolution of financial technology (Fintech) has significantly transformed the landscape of traditional banking services in recent years. This thesis focuses on analyzing the impact of Fintech innovations on traditional banking services, aiming to provide a comprehensive understanding of the implications, challenges, and opportunities presented by this technological revolution. The study begins with an exploration of the introduction, providing an overview of the research topic and its significance in the context of the banking and finance industry. The background of the study delves into the historical development of Fintech and traditional banking services, setting the stage for the subsequent analysis. The problem statement highlights the key issues and gaps in the existing literature that warrant further investigation, leading to the formulation of research objectives that guide the study. Throughout the research, limitations and scope are acknowledged to provide a clear understanding of the boundaries and constraints of the study. The significance of the study is underscored, emphasizing the potential contributions to academia, industry, and policy-making. The structure of the thesis is outlined to provide a roadmap for the reader, detailing the organization of chapters and key sections. Definitions of key terms are provided to ensure clarity and consistency in the terminology used throughout the thesis. Chapter two presents a comprehensive literature review that examines existing research, theories, and empirical studies related to Fintech innovations and their impact on traditional banking services. The review encompasses ten key themes, including digital banking, blockchain technology, financial inclusion, regulatory challenges, customer experience, and competitive dynamics in the banking sector. Chapter three details the research methodology employed in this study, outlining the research design, data collection methods, sampling techniques, and data analysis procedures. The chapter also discusses ethical considerations, validity, and reliability of the research findings, ensuring the rigor and credibility of the study. Chapter four presents an in-depth discussion of the empirical findings, analyzing the impact of Fintech innovations on traditional banking services from various perspectives. The findings are interpreted, compared with existing literature, and implications are drawn for practitioners, policymakers, and researchers. Chapter five concludes the thesis by summarizing the key findings, discussing the implications, limitations, and future research directions. The conclusions drawn from the study offer insights into the evolving relationship between Fintech and traditional banking services, highlighting both challenges and opportunities for the industry. In conclusion, this thesis contributes to the growing body of knowledge on the impact of Fintech innovations on traditional banking services, offering valuable insights for industry stakeholders, policymakers, and researchers. By examining the multifaceted dynamics of this technological disruption, this study seeks to inform strategic decision-making and foster innovation in the financial services sector.

Thesis Overview