Abstract: This thesis discusses the convergence of banking services and the changing needs of platform businesses— variable, data-intensive models with special financial needs. Conventional banks, bound by legacy systems and stiff compliance, are unable to meet these needs. By means of qualitative research, such as expert interviews and secondary data, the report finds the most important service gaps and how fin techs are filling them with API-based platforms, AI compliance, and blockchain for scalable, efficient solutions. The study utilizes Disruption Theory and Platform Business Theory to examine opportunities and threats facing banks, providing hands-on advice like adopting fintech collaborations, embedded finance, and tech upgrades to remain competitive in a fast-evolving digital environment.
Keywords: Platform businesses, fintech, embedded finance, API-based solutions, real-time payments, digital transformation, compliance, disruption theory.
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DOI:
10.17148/IJARCCE.2025.14641
