CHANGES AND DEVELOPMENTS IN FINANCIAL TECHNOLOGIES (FINTECH) AND CORPORATE CREDIT BANKING: A LITERATURE REVIEW

Abstract

Everything in the world is going through the process of change and transformation. These changes occur not only in the products used but also in the systems, nature, humans, and human-related processes. Today, FinTech is called an inclusive technology that conceptually reveals the change and development in the financial system. Parallel to the increasing production needs of businesses, people's desire to reach financial resources has increased. Banks, which provide the financing needed by producers or consumers, need to respond correctly to increasing financing demands and increase their profitability by using the capital and deposits they collect from their depositors. It is also crucial for banks to improve their corporate lending capability after the inevitable financial change which took place with FinTech. In this study, the literature on the importance of using FinTech in defining the changing banking system with the development of FinTech in an environment where banks provide branchless services and the credit limit allocation processes of customers in the corporate segment has been searched and the results are evaluated.