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IJNRD
INTERNATIONAL JOURNAL OF NOVEL RESEARCH AND DEVELOPMENT
International Peer Reviewed & Refereed Journals, Open Access Journal
ISSN Approved Journal No: 2456-4184 | Impact factor: 8.76 | ESTD Year: 2016
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Impact Factor : 8.76

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Paper Title: The Influence of Disruptive Technologies on the Financial Services Industry and Auditing Standards
Authors Name: ARUN ARANGIL
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IJNRD_181297
Published Paper Id: IJNRD2205032
Published In: Volume 7 Issue 5, May-2022
DOI:
Abstract: Abstract The financial services sector is rapidly evolving. FinTechs have emerged due to the confluence of technology and finance, altering the fundamental basis of the financial industry. It is anticipated that the success of financial firms would be reliant on their capacity to shape the sharing economy and customer intelligence and deal with technological advances such as blockchain, robotics, Artificial Intelligence (AI), and others. This transition has resulted in a fundamental shift for many organizations that were not previously considered digital enterprises in the business world. However, these firms recognize that digital transformation is necessary, and a fundamental culture shift generates value. They prioritize investments in new systems and data analytics technologies to understand better their business and the needs of the markets they serve to avoid being disrupted. Audit firms must consider how change may impact their business practices like corporate organizations. This is more than a technological shift as well as a transformation in how auditors perform their duties. It enhances connectivity, utilizes automation to boost time spent on areas needing judgment, and aids in enhancing analysis and insight.
Keywords: Keywords: - Financial Services, Technological Innovation, Artificial Intelligence, Blockchain, Robotics, Automation, Audit Performances, Digital Transformation
Cite Article: "The Influence of Disruptive Technologies on the Financial Services Industry and Auditing Standards", International Journal of Novel Research and Development (www.ijnrd.org), ISSN:2456-4184, Vol.7, Issue 5, page no.305-312, May-2022, Available :http://www.ijnrd.org/papers/IJNRD2205032.pdf
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ISSN: 2456-4184 | IMPACT FACTOR: 8.76 Calculated By Google Scholar| ESTD YEAR: 2016
An International Scholarly Open Access Journal, Peer-Reviewed, Refereed Journal Impact Factor 8.76 Calculate by Google Scholar and Semantic Scholar | AI-Powered Research Tool, Multidisciplinary, Monthly, Multilanguage Journal Indexing in All Major Database & Metadata, Citation Generator
Publication Details: Published Paper ID:IJNRD2205032
Registration ID: 181297
Published In: Volume 7 Issue 5, May-2022
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Page No: 305-312
Country: PATEL NAGAR, DELHI, India
Research Area: Science & Technology
Publisher : IJ Publication
Published Paper URL : https://www.ijnrd.org/viewpaperforall?paper=IJNRD2205032
Published Paper PDF: https://www.ijnrd.org/papers/IJNRD2205032
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ISSN: 2456-4184
Impact Factor: 8.76 and ISSN APPROVED
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