The Impact of Financial Technology on Corporate Development

Guixing Shi ()
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Guixing Shi: Lanzhou University of Finance and Economics, School of International Economics and Trade

A chapter in Proceedings of the International Workshop on Navigating the Digital Business Frontier for Sustainable Financial Innovation (ICDEBA 2024), 2025, pp 802-809 from Springer

Abstract: Abstract As a new scientific product, financial technology is used by many enterprises and has the prospect of being scientifically studied. It is very important to the academic field of finance. The development of science has brought unprecedented changes to human society, enterprises use emerging cutting-edge technologies such as big data, blockchain, cloud computing, and artificial intelligence to improve their service levels and optimize operational processes to increase efficiency while reducing internal operating costs. The main purpose of this analysis is to explore how fintech can affect social development in multiple dimensions enterprise development. First, the author briefly introduced the definition and development of financial technology to lay the foundation for subsequent analysis. Subsequently, this paper focuses on the specific impact of financial technology on financing channels and costs, payment and transaction methods, risk management capabilities, internal governance and efficiency. This paper conducts research by reading papers on related topics and finding cases, and obtains the corresponding results. Financial technology, with its unique technical advantages and innovative technologies, has been applied by enterprises to every link of enterprise operation and management, becoming a key force in promoting enterprise transformation and upgrading. By improving operational efficiency, broadening financing channels, and enhancing risk management capabilities, financial technology has brought unprecedented development opportunities to enterprises.

Keywords: Fintech; Business development; Financing costs (search for similar items in EconPapers)
Date: 2025
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DOI: 10.2991/978-94-6463-652-9_86

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