INFLUENCE OF FINTECH INDUSTRY ON THE COMPETITIVENESS OF THE POLISH BANKING SECTOR
DOI:
https://doi.org/10.58246/sjeconomics.v28i1.150Keywords:
Financial Technology, competitiveness, Polish banking sectorAbstract
FinTech (Financial Technology) is defined as an innovative technology whose aim is to replace traditional methods of providing financial services with new solutions using modern IT instruments. For several years, an extremely dynamic development of this sector has been observed, which also results in changes occurring in related branches of the economy. The presented paper is an attempt to assess the current condition of the FinTech industry in the world and in Poland as well as the prospects for its development in the context of the benefits for the functioning of the polish national banking sector.
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