Digital Technology Innovation and Financial Services Transformation: An Exploratory Analysis

Abstract

The aim of this study is to provide an in-depth analysis of how recent advances in the Internet and related digital technologies serve as a core driver of innovation in the financial services industry. With the rapid improvement of Internet infrastructure, the significant enhancement of big data processing capabilities, the continuous optimization of artificial intelligence algorithms and the innovative application of block-chain technology, the traditional  financial ecology is undergoing fundamental changes. Through an analysis of the latest technology trends, this article explores how these technologies are facilitating the growth of financial technology companies, the widespread adoption of mobile payments, the expansion of online banking services, and the implementation of digital currencies and blockchain-based financial solutions.