Impact of financial technology on Nigeria banking sector - case study of Guaranty Trust Holding Company (GTCO) Department:Banking and Finance By: Eniolamoses Project ID: 8785 Rating: (5.0) votes: 1 Price:₦4000 Get the Complete MaterialAbstractThis research study investigates the Impact of Financial Technology on the Nigerian Banking Sector, using Guaranty Trust Holding Company (GTCO) as a case study. In recent years, financial technology (fintech) has revolutionized banking operations in Nigeria by introducing digital innovations that enhance service delivery, improve operational efficiency, and promote financial inclusion. This study explores how fintech adoption has transformed GTCO's banking processes, customer interaction, and overall performance. It also examines the challenges and opportunities presented by fintech in the dynamic Nigerian banking environment. A mixed-methods approach was adopted, combining quantitative data from GTCO’s financial reports and performance metrics with qualitative insights derived from staff and customer surveys. The findings reveal that fintech implementation at GTCO has significantly increased customer satisfaction, reduced transaction time, expanded access to banking services, and improved overall profitability. However, the study also identifies key challenges such as cybersecurity risks, infrastructural limitations, and regulatory constraints that affect fintech deployment. The study concludes that financial technology plays a pivotal role in enhancing competitiveness and service excellence in Nigeria’s banking sector. It recommends continuous investment in digital infrastructure, staff training, and robust cybersecurity frameworks to maximize the benefits of fintech. This research contributes to the existing body of knowledge by providing empirical evidence on the strategic importance of fintech in Nigerian banking, with specific emphasis on GTCO as a model for technological integration in financial institutions. Keywords: Financial Technology, Nigerian Banking Sector, GTCO, Digital Banking, Fintech, Operational Efficiency, Financial Inclusion ...Preview Download Preview +Other Banking and Finance project topics and materials you might be interested in»The role of central bank of Nigeria (CBN) in the development of Nigeria financial sector»Appraisal of the economic implication of electronic banking in Nigerian banks (A case study of diamond bank)»The impact of strategic planning on banks performance in Nigeria (A case study of united bank for Africa plc)»Evaluation of the impact of liquidity management on banks performance in Nigeria ( A case study of UBA )»The roles of central bank of Nigeria in the prevention of bank failure or liquidation (A case study of central bank of Nigeria 2005-2009)»The role of financial institutions in promoting banking habit and saving capital formation in Nigeria»The effectiveness of monetary policy measures in controlling inflation in Nigeria»The effect of electronic banking on fraud reduction in bank (A case study of access bank plc)»Problems and challenges facing finance houses in the Nigerian economy ( A case study of mortgage bank owerri )»The role of deposit money bank in Nigeria in economy development in Nigeria - a case study of Access Bank Plc»Motivation as a way of reducing fraud in banking industry ( A case study of UBA and Fidelity bank )»Identification and management of bad debts in Nigeria commercial banks(A case study of UBA plc)»The impact of insurance industry on the economic growth of Nigeria (A case study of nicon and hallmark insurance companies 2005-2009)»The contribution and effect of computer to modern day banking in Nigeria (A case study of zenith bank and first bank plc)»The use of accounting information in assessing control and performance in an organization (A case study of first bank of Nigeria owerri)