"Fintech Disruption: How Digital Payments and Crypto currencies Are Reshaping Finance"
Debidutta Acharya
, Dr. Debashisa Mohanty
Fintech, Digital Payments, Crypto currencies, Financial Inclusion, Regulatory Challenges, DeFi
The financial ecosystem is undergoing a profound transformation driven by the twin forces of digital payments and crypto currencies. This paper explores how fintech innovations are disrupting traditional financial services, enabling new business models, and reshaping consumer behavior. It provides a critical examination of the rise of digital wallets, real-time payment infrastructures, decentralized finance (DeFi), and central bank digital currencies (CBDCs). Through case studies and market data, the research highlights how companies like Paytm, Stripe, and Coin base are catalyzing financial inclusion while challenging incumbent banks. It also explores regulatory responses, cyber security risks, and socio-economic impacts in both developed and emerging markets. The paper argues that while fintech disruption enhances efficiency, transparency, and accessibility in financial systems, it also introduces new challenges related to volatility, trust, and governance. The study concludes that a balanced regulatory framework is crucial to harness the transformative potential of digital finance without compromising systemic stability. By offering insights into both opportunities and pitfalls, this paper contributes to the ongoing debate on the future of money, banking, and global financial intermediation in a post-pandemic digital economy.
""Fintech Disruption: How Digital Payments and Crypto currencies Are Reshaping Finance"", TIJER - TIJER - INTERNATIONAL RESEARCH JOURNAL (www.TIJER.org), ISSN:2349-9249, Vol.12, Issue 4, page no.a866-a878, April-2025, Available :https://tijer.org/TIJER/papers/TIJER2504125.pdf
Volume 12
Issue 4,
April-2025
Pages : a866-a878
Paper Reg. ID: TIJER_157558
Published Paper Id: TIJER2504125
Downloads: 000275
Research Area: Management All
Country: Bhubaneswar, Odisha, India
ISSN: 2349-9249 | IMPACT FACTOR: 8.57 Calculated By Google Scholar | ESTD YEAR: 2014
An International Scholarly Open Access Journal, Peer-Reviewed, Refereed Journal Impact Factor 8.57 Calculate by Google Scholar and Semantic Scholar | AI-Powered Research Tool, Multidisciplinary, Monthly, Multilanguage Journal Indexing in All Major Database & Metadata, Citation Generator
Publisher: TIJER (IJ Publication) Janvi Wave
