THE INTERSECTION OF FINANCIAL TECHNOLOGY AND INFORMATION SYSTEMS: EMERGING TRENDS AND RISKS

Abstract

The rapid evolution of Financial Technology (FinTech) is reshaping the landscape of financial services, with information systems (IS) playing a pivotal role in driving innovation, efficiency, and accessibility. This paper explores the intersection of FinTech and IS, focusing on emerging trends and associated risks. We examine the role of information systems in facilitating advancements in payment systems, blockchain technologies, and digital banking. Furthermore, the study highlights the risks posed by cybersecurity threats, regulatory challenges, and data privacy concerns. The dynamic interplay between these two domains presents both significant opportunities for innovation and challenges for financial institutions, regulators, and consumers. This research aims to provide a comprehensive understanding of the evolving trends and risks at the confluence of FinTech and IS, offering valuable insights for stakeholders in the industry.