Digital Finance and Fintech Innovations Towards Disrupting Finance Innovation
摘要
Digital finance and innovation could drive various industrial organization performances and outcomes. One positive aspect of digital technology is that it helps specialized suppliers reach their target customers and stay financially viable. The financial services business has recently seen the tremendous arrival of novel innovations in technology and procedural modifications. The industry and several new financial technology (FinTech) start-ups seek innovative methods to transform services, improve customer experiences, and generate income. Hence, this study suggested that Big Data-assisted FinTech Innovations for Digital Finance Business Model (BD-FTI-DFBM) expand financial services to many people who lack access to customer satisfaction utilizing banking products and services. The suggested digital finance and FinTech change how people send money, pay, lend, borrow, and invest, and it allows financial solutions and innovative business models, fusing finance and smart mobile technology. This paper describes disruptive innovative financial environments and shows the impact of the FinTech ecosystem on disrupting the financial service industry. This study's results demonstrate the significance of technological advancements in the financial services sectors to business prospects and add to the existing theoretical frameworks underlying Fintech advances.