editedbook

FINTECH COMPANIES WITH RESPECT TO THE FUTURE OF BANKING SERVICES

Area/Stream: Management,
Authors: Amreen Sultana. M
Keywords: Indian Banking, Digital transformation, Competition, Economic growth
Book Name /series: Futuristic Trends in Management, Volume 2, Book 8, Part 1, Chapter 10
Publication: IIP Proceedings

Year: 2022,
Month: November

Page No: 95-102,
ISSN/ISBN: 978-93-95632-62-1,
DOI/Link: https://www.rsquarel.org/assets/docupload/rsl2023E64058B497627B8.pdf


Abstract:

Indian banking recovered over the next two decades as Indian economic growth accelerated. Banks are affected by economic and digital transformation, financial innovation and development of internet. The rise in the competition in financial sector made a way for incorporating various new technologies to meet the demands of customers. The technology which is hitting in the financial services is Digitalization, Mobile banking, Blockchain technology, UPI, Wearables, Cloud computing, Biometrics, Augmented reality by this new transformation of technology helps Indian banks to diversify the services through various products and services. Hence the objective of this paper is to analyse the innovative technologies in Indian banking sector which is supported by fintech companies. The study is based on secondary data.

Cite this: Amreen Sultana. M,"FINTECH COMPANIES WITH RESPECT TO THE FUTURE OF BANKING SERVICES", Futuristic Trends in Management, Volume 2, Book 8, Part 1, Chapter 10, November, 2022, 95-102, 978-93-95632-62-1, https://www.rsquarel.org/assets/docupload/rsl2023E64058B497627B8.pdf
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