Impact of Fintech on Banking: A Conceptual Study

Abstract

In this paper the study has been done on the meaning of the fintech. Fintech is the financial technology which is used in the Banking services for the financial transactions. And the companies which comes under the fintech services and how this fintech services has influenced the or has the impact on the banking system and we have also come up with the strategies for bank for coping with this fintech services and we have compared the fintech services of India with the other countries like china and the UK. We have also recorded the changes this fintech services has bought in the country.