A Comparative Analysis of Fintech and Traditi...

A Comparative Analysis of Fintech and Traditional Banking: Shaping the Future of Financial Services

Author Name : Mr. Md. Danish Raza, K. Pratheep, V. Vignesh, C. Kumaresan

ABSTRACT The financial services industry is undergoing a seismic shift as FinTech disruptors challenge traditional banking institutions. This article explores the competitive dynamics between FinTech companies and traditional banks, analyzing their respective strengths, weaknesses, and strategies for dominance. By examining technological advancements, customer preferences, regulatory challenges, and market trends, we provide insights into which model is likely to prevail in the future of finance. The study highlights key areas such as digital transformation, customer experience, cost efficiency, and innovation to determine whether FinTech or traditional banking will emerge as the dominant force in the financial ecosystem.