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Banking Transformation Through FinTech and the Integration of Artificial Intelligence in Payments

Author

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  • Otilia Manta

    (Romanian Academy, Centre for Financial and Monetary Research “Victor Slăvescu”, 050711 Bucharest, Romania
    Romanian Academy, Mountain Economy Centre CE-MONT, 725700 Vatra Dornei, Romania
    Department of Finance and Banking, Faculty of Economic Sciences, Romanian-American University, 012101 Bucharest, Romania)

  • Valentina Vasile

    (Romanian Academy, Institute of National Economy, 050711 Bucharest, Romania)

  • Elena Rusu

    (Department of Finance and Banking, Faculty of Economic Sciences, Moldova State University, MD-2009 Chisinau, Moldova)

Abstract

In the context of rapid advancements in financial technologies and the evolving demand of the digital economy, this study explores the transformative impact of FinTech and artificial intelligence (AI) on the banking sector, with a particular focus on payment systems. By examining innovative financial instruments and AI-driven solutions, this research investigates how these technologies enhance efficiency, security, and customer experience in banking operations. This study evaluates the integration of AI in payment systems, including its role in predictive analytics, fraud detection, and personalization, while aligning with global trends in digital transformation and sustainability. Adopting an interdisciplinary approach, this analysis highlights scalable and resilient strategies that address emerging challenges in the financial ecosystem. The findings provide a comprehensive framework for leveraging AI and FinTech to drive the evolution of banking services, supporting the transition toward a more innovative, digitalized, and sustainable financial future.

Suggested Citation

  • Otilia Manta & Valentina Vasile & Elena Rusu, 2025. "Banking Transformation Through FinTech and the Integration of Artificial Intelligence in Payments," FinTech, MDPI, vol. 4(2), pages 1-28, April.
    • Handle: RePEc:gam:jfinte:v:4:y:2025:i:2:p:13-:d:1626001
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    References listed on IDEAS

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    Cited by:

    1. Dimitrios Varveris & Vasiliki Basdekidou & Chrysanthi Basdekidou & Panteleimon Xofis, 2025. "Smart Forest Modeling Behavioral for a Greener Future: An AI Text-by-Voice Blockchain Approach with Citizen Involvement in Sustainable Forestry Functionality," FinTech, MDPI, vol. 4(3), pages 1-26, September.
    2. Ângela Filipa Oliveira Gonçalves & Shafik Faruc Norali & Clemens Bechter, 2025. "AI-Powered Buy-Now-Pay-Later Smart Contracts in Healthcare," FinTech, MDPI, vol. 4(2), pages 1-18, June.
    3. Vasiliki Basdekidou & Harry Papapanagos, 2025. "SEP and Blockchain Adoption in Western Balkans and EU: The Mediating Role of ESG Activities and DEI Initiatives," FinTech, MDPI, vol. 4(3), pages 1-48, August.

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