Assessing the Impact of fintech on Traditional Banking and Financial Services Employment
The integration of financial technology (fintech) into the traditional banking sector has significantly transformed employment patterns, job roles, and skills requirements. This study investigates the impact of fintech innovations on traditional banking employment by analyzing primary data from surveys and interviews, as well as secondary data from industry reports. Main conclusions indicate a decrease in conventional roles like tellers and loan officers, alongside the rise of new positions such as data scientists, cybersecurity specialists, and blockchain developers.