The Impact of Fintech Innovations on Traditional Banking Models

Abstract

The advent of Financial Technology (Fintech) advancements has caused a considerable upheaval in the financial services industry in recent years. To improve its services and competitiveness, Angel Broking, a major participant in the Indian financial sector, has used these technologies. The influence of Fintech innovations on traditional banking models at Angel Broking is examined in this study, with particular attention paid to digitization, customer-centricity, operational modifications, and market positioning. For Angel Broking, the quick development of Fintech breakthroughs brings both opportunities and obstacles. For it to continue to succeed in the ever-changing financial services industry, it must comprehend how these innovations will affect its business processes, client interactions, and competitive positioning. The study's objectives are to look at specific Fintech breakthroughs that have an impact on Angel Broking, examine how they affect consumer behavior, evaluate operational changes, investigate regulatory issues, and analyze competitive positioning. Given how drastically Fintech technologies are changing the industry, Angel Broking must quickly adjust and take advantage of these developments. Making strategic decisions and preserving competitiveness requires an understanding of their effects.