Fintech perception of cooperation or competition with banking

Flávio Salgado; Helena Costa  Oliveira

doi:10.55267/djfm/13933

Research Article

Dutch Journal of Finance and Management, 2022 - Volume 5 Issue 2, Article No: 24758
https://doi.org/10.55267/djfm/13933

Published Online: 30 Dec 2022

Views: 160 | Downloads: 117

Open Access

How to cite this article

APA 6th edition

In-text citation: (Salgado & Oliveira, 2022)
Reference: Salgado, F., & Oliveira, H. C. (2022). Fintech perception of cooperation or competition with banking. Dutch Journal of Finance and Management, 5(2), 24758. https://doi.org/10.55267/djfm/13933

Vancouver

In-text citation: (1), (2), (3), etc.
Reference: Salgado F, Oliveira HC. Fintech perception of cooperation or competition with banking. DUTCH J FINANCE MANA. 2022;5(2):24758. https://doi.org/10.55267/djfm/13933

AMA 10th edition

In-text citation: (1), (2), (3), etc.
Reference: Salgado F, Oliveira HC. Fintech perception of cooperation or competition with banking. DUTCH J FINANCE MANA. 2022;5(2), 24758. https://doi.org/10.55267/djfm/13933

Chicago

In-text citation: (Salgado and Oliveira, 2022)
Reference: Salgado, Flávio, and Helena Costa Oliveira. "Fintech perception of cooperation or competition with banking". Dutch Journal of Finance and Management 2022 5 no. 2 (2022): 24758. https://doi.org/10.55267/djfm/13933

Harvard

In-text citation: (Salgado and Oliveira, 2022)
Reference: Salgado, F., and Oliveira, H. C. (2022). Fintech perception of cooperation or competition with banking. Dutch Journal of Finance and Management, 5(2), 24758. https://doi.org/10.55267/djfm/13933

MLA

In-text citation: (Salgado and Oliveira, 2022)
Reference: Salgado, Flávio et al. "Fintech perception of cooperation or competition with banking". Dutch Journal of Finance and Management, vol. 5, no. 2, 2022, 24758. https://doi.org/10.55267/djfm/13933

ABSTRACT

Over the past few years, significant industries have modified their operation mode in the markets due to the substantial emergence of information technologies. The changes occur in the interaction with customers, production processes, or implementing strategies. The banking sector is not an exception, and this study focuses on the digital transformations of banks. This paper aims to understand how financial organizations in Portugal are changing to remain competitive while implementing information technologies. The purpose is to study a fintech, that emerged due to the digital transformation of the bank sector, and to understand its relationship with traditional banks, whether it is of cooperation or competition. This case study follows a qualitative methodology based on a semi-structured interview with the CEO of the fintech company nBanks. The fintech companies and banks can collaborate and work together to develop the financial market in Portugal. The relationship between them can be of cooperation instead of competitiveness.

KEYWORDS

Banks; Fintech Innovation Information Technologies Digital Transformation

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