The rapid advancement of financial technology (FinTech) has significantly reshaped the traditional banking landscape. This paper examines the convergence of FinTech and traditional banking, identifying key opportunities such as enhanced financial inclusion, improved customer experience, and increased operational efficiency. It also discusses potential risks, including cybersecurity threats, regulatory challenges, and the digital divide. By analyzing case studies of banks integrating FinTech solutions, this paper explores strategies for a collaborative and secure financial ecosystem.
FinTech, Traditional Banking, Financial Innovation, Cybersecurity, Regulatory Challenges