Critically assess the impact of fintech innovation on traditional financial institutions and incumbent business models. How do fintech startups and digital disruptors leverage technology, data analytics, and platform-based business models to challenge the dominance of traditional banks, insurers, and asset managers in areas such as payments, lending, and wealth management ? 

Answer rating: 100% (QA)

The impact of fintech innovation on traditional financial institutions and incumbent business models has been significant and multifaceted Fintech startups and digital disruptors have leveraged techno... View the full answer