The Evolution and Impact of Financial Technology (Fintech) on Global Financial Services
88 Citations•2025•
Dr. Raj Kumar, Dr. Ravi Sanwal, Dr. Poyam Sharma
Journal of Informatics Education and Research
The evolution of fintech, its transformative role in increasing financial inclusion, and the challenges it faces are examined, such as regulatory and cybersecurity concerns.
Abstract
Financial technology (fintech) has significantly altered the financial services landscape by introducing groundbreaking innovations in areas such as blockchain, artificial intelligence, and digital payments. This paper examines the evolution of fintech, its transformative role in increasing financial inclusion, and the challenges it faces, such as regulatory and cybersecurity concerns. It concludes with insights into the future of fintech and its potential to redefine the global financial system.