• Maglina Cruz
• Maglina Cruz

Abstract The financial services industry has undergone a significant transformation with the emergence of Financial Technology (FinTech). By integrating digital technologies such as artificial intelligence (AI), blockchain, cloud computing, big data analytics, and mobile applications, FinTech companies have revolutionized how financial services are delivered. Traditional banks, which have long dominated the financial sector, are increasingly adopting digital technologies to remain competitive. This research paper compares FinTech and traditional banking systems by examining their features, advantages, challenges, customer preferences, regulatory frameworks, and future prospects. The study concludes that while FinTech offers speed, convenience, and innovation, traditional banks continue to provide trust, regulatory stability, and comprehensive financial services. The future of financial services lies in collaboration rather than competition between the two models.

Keywords: FinTech, Traditional Banking, Digital Banking, Financial Innovation, Mobile Payments, Artificial Intelligence, Blockchain, Banking Technology.

"A Study on the Role of FinTech vs. Traditional Banking Systems: A Comparative Study", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.13, Issue 9, page no.b800-b805, September-2026, Available :http://www.jetir.org/papers/JETIR2609190.pdf

"A Study on the Role of FinTech vs. Traditional Banking Systems: A Comparative Study", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.13, Issue 9, page no. ppb800-b805, September-2026, Available at : http://www.jetir.org/papers/JETIR2609190.pdf