In the wave of digitization and networking, the integration of FinTech and big data technology is profoundly reshaping the development landscape of the banking industry at an unprecedented speed. This integration trend brings numerous opportunities to the banking sector, such as significant efficiency improvements, marked enhancements in customer experience, and a continuous stream of financial innovations. However, it also poses a series of severe challenges, including data security and privacy protection, technological updates and talent shortages, and increased complexity in risk management. This paper aims to comprehensively analyze the profound impact of the integration of FinTech and big data on the banking industry and explore corresponding strategies and suggestions for response.

Yiwei Zhang. Analysis of the Impact of the Integration of FinTech and Big Data on the Banking Industry. Academic Journal of Business & Management (2024) Vol. 6, Issue 12: 42-48. https://doi.org/10.25236/AJBM.2024.061205.

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