The Reshaping Effect and Challenges of Digital Finance on Traditional Financial Formats

DOI

10.2991/978-94-6239-801-6_8How to use a DOI?

Keywords

Digital Finance; Traditional Finance; Business Model Transformation; Core Competitiveness; Risk Management

Abstract

The rapid development of digital finance in the digital economy stems from technological innovation, market demand and policy support. This article focuses on the reshaping of the impact of digital finance on traditional financial models and the core challenges it brings. By analyzing the core characteristics of digital finance - such as inclusiveness, efficiency and scenario-based ecosystem integration - and comparing the changes in traditional financial business models and operation systems, This article states that digital finance has driven the transformation of traditional finance in terms of service scenarios, efficiency and ecosystem construction, but also brings challenges in core competitiveness, business profitability and risk management. The inclusiveness and efficiency of digital finance directly affect the business models and operational logic of traditional finance, driving profound reshaping in business, operation and competitive dimensions, such as the onlineization of service scenarios, the diversification of customer acquisition channels and the ecologicalization of the competition landscape. This research is of great significance for traditional financial institutions to grasp the development trend of digital finance and formulate adaptive transformation strategies.

Copyright

© 2026 The Author(s)

Open Access

Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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TY  - CONF
AU  - Yuelin Bian
PY  - 2026
DA  - 2026/10/23
TI  - The Reshaping Effect and Challenges of Digital Finance on Traditional Financial Formats
BT  - Proceedings of the 2026 2nd International Conference on Financial Innovation and Marketing Management (FIMM 2026)
PB  - Atlantis Press
SP  - 60
EP  - 69
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6239-801-6_8
DO  - 10.2991/978-94-6239-801-6_8
ID  - Bian2026
ER  -