Research on the Impact of Financial Technology on  Innovation in the Financial Industry

Zi-Rui  Wang

Research on the Impact of Financial Technology on Innovation in the Financial Industry

Zi-Rui Wang

https://doi.org/10.37155/2972-4813-0103-2

Abstract

Financial technology, as an important development trend in the current financial field, is profoundly changing the ecology and landscape of the financial industry. This paper comprehensively explores how financial technology reshapes financial business processes, enhances service efficiency, improves customer experience, and analyzes its key role in promoting the transformation and upgrading of the financial industry and preventing financial risks through an in-depth study of the nature of financial technology, its technical foundation, and its multidimensional impact on innovation in the financial industry.

Keywords

financial technology; financial industry; innovation; business processes; risk prevention and control

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References

[1]Liu, S., Zhang, Y., & Liang, J. (2021). Research Progress on Financial Technology and Financial Innovation. Economic Dynamics, (03), 126-144.
[2]Tian, X., Li, R., & Yang, G. (2021). The Impact of Financial Technology on the Development of the Real Economy: An Empirical Analysis Based on the Dual Path of Financial Innovation and Technological Innovation. Guangdong Social Sciences, (05), 5-15+254.
[3]Zhu, F. (2021). Financial Technology Sharing Platform Promotes the Digital Transformation and Development of Small and Medium-sized Banks. China Financial Computer, (10), 25-28.
[4]Li, K. (2021). Challenges and Suggestions for Financial Technology Innovation of Commercial Banks. Modern Business, (27), 141-143.

Publishing time:2023-09-30
This work is licensed under a Creative Commons Attribution 4.0 International License