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The impact of fintech on bank management and valuation: UK case study

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dc.contributor.author Pisaniuc, Maia
dc.date.accessioned 2024-11-01T07:25:22Z
dc.date.available 2024-11-01T07:25:22Z
dc.date.issued 2024
dc.identifier.uri https://irek.ase.md:443/xmlui/handle/123456789/3661
dc.description PISANIUC, Maia. The impact of fintech on bank management and valuation: UK case study. In: International Journal of Innovation Studies. 2024, vol. 8, nr. 1, pp. 611-625. ISSN 2096-2487. eISSN 2589-2975. en_US
dc.description.abstract Fintech has become a must have for the current financial system, and the COVD-19 pandemic has only highlighted the need for further advancements in this area. The offering of online services has grown exponentially, while on the other hand there has been an increased set of risks and opportunities both for customers, and for banks’ management. Technology has paved the way both for suppliers and for customers of financial services. Mobile access of nonbanking customers, has allowed financial technology firms to capture new market segments from the unbanked population, encouraging and hence promoting financial inclusion. Fintech is one of the most captivating sectors on the global arena, having also one of the highest growth rates. It has changed the way people think about money and value exchange in real-time. The impact of Fintech on costs is also important. The downward pressure on costs due to the usage of Artificial Intelligence and Machine Learning in processing client information, the replacement of bank staff by chatbots, as well as diminishing the need for branches and physical space, represent cost items which are easy to quantify and would allow to further accelerate the business models in the banking space. The aim of this paper is to evaluate the impact of the usage of fintech on the valuation of banks, forecast the development of the banking system in the upcoming years and assess the strategic implications on bank management. Research methods: statistical analysis, forecasting, scenario analysis en_US
dc.language.iso en en_US
dc.subject fintech en_US
dc.subject bank management en_US
dc.subject bank valuation en_US
dc.title The impact of fintech on bank management and valuation: UK case study en_US
dc.type Article en_US


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