Author(s): Hajar Mohammad Alhosseiny
Despite the fact that in most markets banks and other traditional financial institutions continue to be the main source of capital for businesses and households, new financial intermediaries have recently come onto the scene and gained popularity. The traditional business models of banking systems have been considerably influenced by the development of fintech (financial technology). In numerous financial domains, including credit, deposits, capital-raising, payments, and investments, financial technology is now prevalent. The objective of this study is to clarify the effects of Fintech adoption on the performance of the banking industry in the GCC countries. It is a qualitative secondary study depends on collecting existing data from different sources.