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Impact of fintech on banking activities in Vietnam

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The development of the financial technology field is the result of the application of the industrial revolution 4.0, which is having a strong impact on all banking operations and operations. Fintech includes five areas: e-KYC; Blockchain; pay; Open APIs; and peer-to-peer lending. Fintech has a strong impact on the Finance - Banking ecosystem, in which, the traditional banking system is most affected, both in terms of operations and administration. The article focuses on assessing the impact of Fintech on banking activities. |