THE CONTEXT OF FINTECH AND ITS IMPACT ON FINANCIAL SERVICES AND MANAGEMENT

Aldina Nikočević
Municipality of Ulcinj, Blv. Gj. K. Skenderbeu nn, Ulcinj, Montenegro
aldina_nikocevic@hotmail.com

 

Abstract

Over the past decade, the financial industry has undergone a significant transformation through technological innovations in fintech, which have reshaped the delivery of financial services. This study provides a detailed analysis of the various roles fintech plays in enhancing financial services and management. Several key issues are of importance, particularly its efficiency, user experience, risk management, and regulatory challenges. This study explores the impact of fintech companies and technological innovations on traditional financial institutions, utilizing a literature review, multiple case studies, and an analysis of each key trend in the industry. The study offers an informative overview of the financial services industry’s adaptation to digital transformation, alongside the significant challenges posed by fintech.
Keywords include fintech, innovations, financial services, regulatory challenges, and management.

Volume 10, No.1 (2025): April

ISSN 2661-2666 (Online) International Scientific Journal Monte (ISJM)
ISSN 2661-264X (Print)

DOI :  10.33807/monte.20253284

DOI URL:  https://doi.org/10.33807/monte.20253284

Full Text: PDF

This is an open-access article under the CC BY-NC-ND license (creativecommons.org/licenses/by-nc-nd/4.0/)