This paper primarily examines the multifaceted impacts of fintech innovations on banking operations, explores the fundamental drivers behind banks' digital and intelligent transformation, and delves into the opportunities and challenges that current fintech advancements present for banks. It also identifies potential measures to address existing issues. This article employs a combined approach of theoretical analysis and literature review to systematically examine the changes brought about by recent developments in fintech to the banking sector. It concludes that fintech offers significant benefits to banks, including cost reduction, enhanced operational efficiency, more convenient services for banking customers, and an expansion of the overall scope and development level of the banking industry. However, the application of fintech still presents risks and regulatory gaps. In response to these issues, this paper proposes relevant policy recommendations in the areas of banking operations, talent and technology, and legal regulation. It also provides an analysis of the paper's potential shortcomings, enabling future researchers to better examine these aspects.
Y Wang (Thu,) studied this question.