Bank a FinTech – konkurencja czy współpraca?

Krzysztof Świeszczak

doi:10.26354/bb.8.3.76.2019

Published : 2019-10-01

Vol. 76 No. 3 (2019)

Bank and FinTech – competition or cooperation?

Krzysztof Świeszczak

https://orcid.org/0000-0002-2286-7778

DOI: https://doi.org/10.26354/bb.8.3.76.2019

Abstract

The changing financial needs of customers, and rapid development of information technology in recent years have been very important determinants of changes taking place in the financial world. This also applies to the banking sector, for which more and more developed entities implementing technological innovations in process of financial services (FinTech) mean the need to take steps to continue their existing banking operations. In this sense, the existence of businesses whose activity is an alternative to banks (at least in selected areas of economic activity)
may, on the one hand, mean a threat, and on the other a chance for banks, provided appropriate measures are taken to respond to the dynamically changing environment. The aim of this publication is to analyze the relationship between FinTech entities and banks, with particular reference to possible scenarios for the development of the banking sector based on past observations.