Editorial: Financial intermediation versus disintermediation: opportunities and challenges in the Fintech era

Digital transformation has become a key priority for many banks seeking to remain competitive and meet the evolving demands of customers. However, new technologies that fundamentally change the business models and operations of banks pose new threats and opportunities in the digital vortex. These challenges can be described as the inevitable transition of industries toward a digital centre in which business models, offerings, and value chains are maximally digitized, creating disruptions and blurring the lines between industries.