Accounting Studies and Tax Journal
Vol. 1 No. 1 (2024): Accounting Studies and Tax Journal (COUNT)

The Role of Fintech in Transforming Traditional Financial Services

Iwan Harsono (Universitas Mataram Indonesia)
Ida Ayu Putri Suprapti (Universitas Mataram Indonesia)



Article Info

Publish Date
22 Jan 2024

Abstract

This research explores the role of Fintech in changing traditional financial services. With a focus on the transformation of the financial industry through technological innovation, this research explores the impact of Fintech in improving efficiency, accessibility and innovation. The literature review provides a clear understanding of key concepts, such as openness (Open Banking), financial security, operational efficiency, financial inclusivity, and user experience. Through a systematic literature review approach, this research investigates the implications of Fintech's transformation of traditional financial services and identifies emerging trends and challenges. Results and discussion include analysis of the impact of Fintech in improving financial services, solving existing problems, and providing a holistic perspective on paradigm shifts in the financial industry. The findings of this research contribute to a deep understanding of the evolution of Fintech and open space for further research in optimizing the benefits of financial technology for society and the global economy.

Copyrights © 2024






Journal Info

Abbrev

count

Publisher

Subject

Economics, Econometrics & Finance

Description

Accounting Studies and Tax Journal (COUNT) is reviewed covers theoretical and applied research in the field of Accounting and Tax. As an information and communication media for practitioners, researchers and academics who are interested in the field of Accounting (Finance, Bussiness, Auditing and ...