This study investigates the spatial courting between digital economic signs and local monetary overall performance throughout ten provinces in Sumatra,Indonesia,from 2019 to 2022.As digitalization hastens economic and...This study investigates the spatial courting between digital economic signs and local monetary overall performance throughout ten provinces in Sumatra,Indonesia,from 2019 to 2022.As digitalization hastens economic and business sports,devices together with fintech lending,e-cash,debit card usage,and e-commerce are increasingly more diagnosed as capability drivers of regional increase.But,the unequal distribution of digital infrastructure and monetary literacy across regions raises issues approximately the inclusivity of these benefits.constructing upon current findings by using Miranti et al.(2024),this research employs spatial econometric fashions-particularly the Spatial Lag model(SLM)and Spatial mistakes model(SEM)-to evaluate how digital variables influence provincial financial overall performance while accounting for spatial spillover consequences.The results reveal that fintech lending and debit card usage exert a positive and significant impact on economic growth,whereas the effect of e-money is negative,suggesting potential substitution effects or access constraints.Spatial dependency is also evident,as demonstrated by the significant lambda coefficient in the SEM model.These findings highlight the importance of spatially coordinated digital policies,particularly in addressing disparities and enhancing digital financial inclusion.The study concludes with policy recommendations aimed at fostering inclusive and spatially balanced digital economic development in Sumatra.展开更多
In response to the problem of improving practical abilities of students in the process of cultivating innovative talents in the field of financial technology in the specialized software college,this paper analyzes the...In response to the problem of improving practical abilities of students in the process of cultivating innovative talents in the field of financial technology in the specialized software college,this paper analyzes the characteristics and applicability of problem-based learning(PBL)method,proposes a PBL course integration design scheme for the integration of business and technology in the field of financial technology,and provides corresponding course cases.The plan described in this article has been jointly demonstrated by experts from schools and enterprises and has received good feedback.展开更多
Open banking is an emerging business model that is representative of FinTech.To explore whether inclusive FinTech can improve bank performance and identify the underlying mechanisms by which this occurs,we investigate...Open banking is an emerging business model that is representative of FinTech.To explore whether inclusive FinTech can improve bank performance and identify the underlying mechanisms by which this occurs,we investigate a sample of Chinese commercial banks involved in open banking during 2011-2020.The results show that inclusive FinTech can improve bank performance by improving the bank’s lending rate and liability structure,and that this positive effect is more pronounced in national and rural banks.The results indicate that inclusive FinTech has the greatest impact among banks serving the largest population and those who are excluded from the traditional financial system,and that financial inclusion does not detract from bank performance.However,the results do not provide evidence that inclusive FinTech improves bank performance by reducing risk-taking,suggesting a greater need for inclusive FinTech to focus on risk management.This study adds empirical evidence regarding the role of inclusive FinTech in banks.To promote inclusive FinTech and bank performance,developing economies like China should strengthen digital financial innovations,focus on risk management,and promote cooperation under the open finance framework.展开更多
Due to the ongoing global debate regarding the relationship between fintech and banks,including developing countries,this study aims to investigate this relationship in the case of Vietnam,an emerging nation.The study...Due to the ongoing global debate regarding the relationship between fintech and banks,including developing countries,this study aims to investigate this relationship in the case of Vietnam,an emerging nation.The study analyzes the relationship between fintech search and bank stock returns,which are measures of fintech and banks,respectively.The time series data for fintech and bank stock returns were obtained from Google Trends and Vietstock,respectively.Exploratory factor analysis was utilized to derive the fintech variables,while the bank stock return variable was calculated using a basket of eight listed banks from 2017w46 to 2021w46.The results were estimated using the vector autoregression and Granger causality method and validated with the copula method.A key finding of this study is the presence of a simultaneous negative change and bidirectional causality between bank stock returns and fintech lending.Furthermore,several other interesting findings were discovered:(1)the causal relationship from fintech to bank stock returns is weaker compared with the opposite direction;(2)unidirectional causality exists between different types of fintech,such as influence from FinFintech to FinLending,from FinPayment to FinLending and FinWallet,from FinMoney to FinFintech,from FinWallet to FinLending,and from FinProduct to FinFintech;and(3)there is an equal occurrence of simultaneous increase or decrease between bank stock returns and certain types of fintech,specifically between BankReturn and FinPayment,BankReturn and FinLending,as well as BankReturn and FinWallet.These findings shed light on the complex relationship between fintech and banks,offering insights that contribute to our understanding of this dynamic interplay in the context of Vietnam’s emerging fintech landscape.展开更多
Iris recognition technology(IRT)-based authentication is a biometric financial technology(FinTech)application used to automate user recognition and verification.In addition to being a controversial technology with var...Iris recognition technology(IRT)-based authentication is a biometric financial technology(FinTech)application used to automate user recognition and verification.In addition to being a controversial technology with various facilitators and inhibitors,the adoption of IRT-based FinTech is driven by contextual factors,such as customer perceptions,deployed biometric technology,and financial transaction settings.Due to its controversial and contextual properties,analyzing IRT-based FinTech acceptance is challenging.This study uses a net valence framework to investigate the salient positive and negative factors influencing the intention to use IRT-based FinTech in automated teller machines(ATMs)in Jordan.This study is pertinent because there is a dearth of research on IRT-based FinTech in the relevant literature;most previous research has taken purely engineering and technical approaches.Furthermore,despite considerable investments by banks and other financial institutions in this FinTech,target user adoption is minimal,and only 6% of Jordan’s ATM transactions are currently IRT-enabled.This study employs mixed methods.In the first qualitative study,17 Jordanian customers were interviewed regarding the benefits and risks of IRT-based FinTech in ATMs.Content analyses determined the most important concepts or themes.The advantages include financial security,convenience,and FinTech-enabled hygiene,whereas the concerns include performance,financial,privacy,and physical risks.The research model is constructed based on the qualitative study and theoretical underpinnings,wherein 631 Jordanian bank customers with active ATM accounts were surveyed to validate the research model.The findings indicate that IRT-based FinTech usage in ATMs is proportional to its perceived value.In descending order of effect,financial security,FinTech-enabled hygiene,and convenience benefits positively impact perceived value.Privacy,financial,and physical risks have negative impacts on perceived value,whereas performance risk has no effect.This study contributes to the relatively untapped domain of biometric technology in information systems,with important theoretical and practical implications.展开更多
This research focuses on analyzing and understanding the evolution and impact of fintech companies in Colombia,using PTM Colombia as a case study,a company that has undergone a significant transformation from its begi...This research focuses on analyzing and understanding the evolution and impact of fintech companies in Colombia,using PTM Colombia as a case study,a company that has undergone a significant transformation from its beginnings as a provider of physical recharges to its current position.as a comprehensive platform for digital financial services.The current research uses a qualitative descriptive approach and emphasizes understanding the perceptions and experiences in the field of Fintech in Colombia,particularly in the case of PTM Colombia.The study revealed that adaptability and customer orientation have been fundamental in the evolution of PTM,allowing the company to expand its range of services by actively listening to the needs of its users and adjusting its strategies accordingly.In addition,an accelerated and diversified growth of Fintech will be observed in Colombia,particularly in sectors such as credit and payments,driven by a constantly advancing technological environment and a regulatory framework that,although it presents challenges,also offers opportunities for financial innovation.This growth has impacted the traditional banking sector,which,instead of being replaced by Fintech,is finding new forms of collaboration and coexistence that benefit both parties and,above all,the end consumer.In conclusion,the study highlights how Fintech in Colombia,represented by cases such as PTM,is redefining the financial landscape through the adoption of advanced technologies,collaboration with traditional banking,and strong customer orientation.展开更多
Preventing financial risk is an important topic that academic circles and the government have paid attention to for a long time.The development of fintech and the improvement of financial regulation will affect the le...Preventing financial risk is an important topic that academic circles and the government have paid attention to for a long time.The development of fintech and the improvement of financial regulation will affect the level of financial risk.The relationship between the degree of matching between fintech and financial regulation and financial risk is explored,which is crucial for reducing financial risk.Panel data from 31 provinces in China from 2011 to 2020 is used to explore the impact of fintech and financial regulatory matching levels on financial risk.The study finds that the improved matching level between fintech and financial regulation helps reduce financial risk.The degree of matching between fintech and financial regulation affects financial risk through financial efficiency.展开更多
Introduction:Since 2015 is the year of FinTech in Taiwan,it is worth investigating the challenges that emerged when banks were encouraged to invest in FinTech companies for collaboration.This study aims to identify th...Introduction:Since 2015 is the year of FinTech in Taiwan,it is worth investigating the challenges that emerged when banks were encouraged to invest in FinTech companies for collaboration.This study aims to identify the strategic considerations in the process of searching for FinTech investment targets.Case description:This study used a case study investigation of a top-5 bank in Taiwan.The major data sources include the meeting notes of the FinTech investment task force and interviews with the team members.Co-opetition theory was adopted as the theoretical framework and interview questions were derived from the PARTS strategies in co-petition theory.The results relate to:(1)the strategic goals of FinTech investment,(2)the added value from FinTech companies,(3)criteria in selecting candidates in the same FinTech area,(4)choosing to work as either a cooperator or a competitor,and(5)barriers from policies and regulations.Discussion and evaluation:This study has several findings:(1)regulations and policies shape FinTech’s development;(2)banks,technology companies,and customers are not“FinTech ready;”(3)Compare top-down with bottom up strategies;(4)banks and FinTech companies have complex relationships;(5)it is unlikely that Taiwan will produce FinTech disruptors in the near future.Conclusion:The findings and discussion can benefit researchers and administrators in finance-related industries.More studies are desired to observe long-term development in terms of how companies collaborate or compete in specific FinTech areas.展开更多
At present,Chinese financial supervision departments are constrained by information asymmetry and higher supervision costs,so their effectiveness in the ever-changing financial supervision needs to be improved urgentl...At present,Chinese financial supervision departments are constrained by information asymmetry and higher supervision costs,so their effectiveness in the ever-changing financial supervision needs to be improved urgently.Based on the G-SIBs fintech index,this paper analyzes the scores of fintech r&d,promotion,application and other indicators,aiming to explain the necessity of fintech regulation,and puts forward measures to strengthen fintech regulation.展开更多
Digital innovation is challenging the traditional way of offering financial services to companies;the so-called Fintech phenomenon refers to startups that use the latest technologies to offer innovative financial serv...Digital innovation is challenging the traditional way of offering financial services to companies;the so-called Fintech phenomenon refers to startups that use the latest technologies to offer innovative financial services.Within the framework of the Theory of Planned Behavior(TPB)and the Theory of Reasoned Action(TRA),the primary purpose of this paper is to develop a causal-predictive analysis of the relationship between Subjective Norms,Attitudes,and Perceived Behavioral Control with the Intention to Use and Behavioral Use of the Fintech services by companies.Partial Least Squares Structural Equation Modeling methodology was used with data collected from a survey of 300 companies.Our findings support the TRA and TPB models and confirm their robustness in predicting companies’intention and use of Fintech services.Financial technology innovators must understand the processes involved in users’adoption to design sound strategies that increase the viability of their services.Studying the antecedents of behavioral intention to adopt Fintech services can greatly help understand the pace of adoption,allowing these players to attract and retain customers better.This study contributes to the literature by formulating and validating TPB to predict Fintech adoption,and its findings provide useful information for banks and Fintech companies and lead to an improvement in organizational performance management in formulating marketing strategies.展开更多
文摘This study investigates the spatial courting between digital economic signs and local monetary overall performance throughout ten provinces in Sumatra,Indonesia,from 2019 to 2022.As digitalization hastens economic and business sports,devices together with fintech lending,e-cash,debit card usage,and e-commerce are increasingly more diagnosed as capability drivers of regional increase.But,the unequal distribution of digital infrastructure and monetary literacy across regions raises issues approximately the inclusivity of these benefits.constructing upon current findings by using Miranti et al.(2024),this research employs spatial econometric fashions-particularly the Spatial Lag model(SLM)and Spatial mistakes model(SEM)-to evaluate how digital variables influence provincial financial overall performance while accounting for spatial spillover consequences.The results reveal that fintech lending and debit card usage exert a positive and significant impact on economic growth,whereas the effect of e-money is negative,suggesting potential substitution effects or access constraints.Spatial dependency is also evident,as demonstrated by the significant lambda coefficient in the SEM model.These findings highlight the importance of spatially coordinated digital policies,particularly in addressing disparities and enhancing digital financial inclusion.The study concludes with policy recommendations aimed at fostering inclusive and spatially balanced digital economic development in Sumatra.
文摘In response to the problem of improving practical abilities of students in the process of cultivating innovative talents in the field of financial technology in the specialized software college,this paper analyzes the characteristics and applicability of problem-based learning(PBL)method,proposes a PBL course integration design scheme for the integration of business and technology in the field of financial technology,and provides corresponding course cases.The plan described in this article has been jointly demonstrated by experts from schools and enterprises and has received good feedback.
基金supported by the Key Program of the National Natural Science Foundation of China(No.72432005)the Major Program of the National Natural Science Foundation of China(No.71991474)+3 种基金the Key Program of ShenzhenSoft Science(RKX20220808093601004)the 2035 Plan of Social Science Foundation of Shenzhen University(No.ZYZD2302)the National Natural Science Foundation of China(No.72371079)the Young Teachers Research Start-up Fund of Shenzhen University(RC20240283).
文摘Open banking is an emerging business model that is representative of FinTech.To explore whether inclusive FinTech can improve bank performance and identify the underlying mechanisms by which this occurs,we investigate a sample of Chinese commercial banks involved in open banking during 2011-2020.The results show that inclusive FinTech can improve bank performance by improving the bank’s lending rate and liability structure,and that this positive effect is more pronounced in national and rural banks.The results indicate that inclusive FinTech has the greatest impact among banks serving the largest population and those who are excluded from the traditional financial system,and that financial inclusion does not detract from bank performance.However,the results do not provide evidence that inclusive FinTech improves bank performance by reducing risk-taking,suggesting a greater need for inclusive FinTech to focus on risk management.This study adds empirical evidence regarding the role of inclusive FinTech in banks.To promote inclusive FinTech and bank performance,developing economies like China should strengthen digital financial innovations,focus on risk management,and promote cooperation under the open finance framework.
文摘Due to the ongoing global debate regarding the relationship between fintech and banks,including developing countries,this study aims to investigate this relationship in the case of Vietnam,an emerging nation.The study analyzes the relationship between fintech search and bank stock returns,which are measures of fintech and banks,respectively.The time series data for fintech and bank stock returns were obtained from Google Trends and Vietstock,respectively.Exploratory factor analysis was utilized to derive the fintech variables,while the bank stock return variable was calculated using a basket of eight listed banks from 2017w46 to 2021w46.The results were estimated using the vector autoregression and Granger causality method and validated with the copula method.A key finding of this study is the presence of a simultaneous negative change and bidirectional causality between bank stock returns and fintech lending.Furthermore,several other interesting findings were discovered:(1)the causal relationship from fintech to bank stock returns is weaker compared with the opposite direction;(2)unidirectional causality exists between different types of fintech,such as influence from FinFintech to FinLending,from FinPayment to FinLending and FinWallet,from FinMoney to FinFintech,from FinWallet to FinLending,and from FinProduct to FinFintech;and(3)there is an equal occurrence of simultaneous increase or decrease between bank stock returns and certain types of fintech,specifically between BankReturn and FinPayment,BankReturn and FinLending,as well as BankReturn and FinWallet.These findings shed light on the complex relationship between fintech and banks,offering insights that contribute to our understanding of this dynamic interplay in the context of Vietnam’s emerging fintech landscape.
文摘Iris recognition technology(IRT)-based authentication is a biometric financial technology(FinTech)application used to automate user recognition and verification.In addition to being a controversial technology with various facilitators and inhibitors,the adoption of IRT-based FinTech is driven by contextual factors,such as customer perceptions,deployed biometric technology,and financial transaction settings.Due to its controversial and contextual properties,analyzing IRT-based FinTech acceptance is challenging.This study uses a net valence framework to investigate the salient positive and negative factors influencing the intention to use IRT-based FinTech in automated teller machines(ATMs)in Jordan.This study is pertinent because there is a dearth of research on IRT-based FinTech in the relevant literature;most previous research has taken purely engineering and technical approaches.Furthermore,despite considerable investments by banks and other financial institutions in this FinTech,target user adoption is minimal,and only 6% of Jordan’s ATM transactions are currently IRT-enabled.This study employs mixed methods.In the first qualitative study,17 Jordanian customers were interviewed regarding the benefits and risks of IRT-based FinTech in ATMs.Content analyses determined the most important concepts or themes.The advantages include financial security,convenience,and FinTech-enabled hygiene,whereas the concerns include performance,financial,privacy,and physical risks.The research model is constructed based on the qualitative study and theoretical underpinnings,wherein 631 Jordanian bank customers with active ATM accounts were surveyed to validate the research model.The findings indicate that IRT-based FinTech usage in ATMs is proportional to its perceived value.In descending order of effect,financial security,FinTech-enabled hygiene,and convenience benefits positively impact perceived value.Privacy,financial,and physical risks have negative impacts on perceived value,whereas performance risk has no effect.This study contributes to the relatively untapped domain of biometric technology in information systems,with important theoretical and practical implications.
文摘This research focuses on analyzing and understanding the evolution and impact of fintech companies in Colombia,using PTM Colombia as a case study,a company that has undergone a significant transformation from its beginnings as a provider of physical recharges to its current position.as a comprehensive platform for digital financial services.The current research uses a qualitative descriptive approach and emphasizes understanding the perceptions and experiences in the field of Fintech in Colombia,particularly in the case of PTM Colombia.The study revealed that adaptability and customer orientation have been fundamental in the evolution of PTM,allowing the company to expand its range of services by actively listening to the needs of its users and adjusting its strategies accordingly.In addition,an accelerated and diversified growth of Fintech will be observed in Colombia,particularly in sectors such as credit and payments,driven by a constantly advancing technological environment and a regulatory framework that,although it presents challenges,also offers opportunities for financial innovation.This growth has impacted the traditional banking sector,which,instead of being replaced by Fintech,is finding new forms of collaboration and coexistence that benefit both parties and,above all,the end consumer.In conclusion,the study highlights how Fintech in Colombia,represented by cases such as PTM,is redefining the financial landscape through the adoption of advanced technologies,collaboration with traditional banking,and strong customer orientation.
文摘Preventing financial risk is an important topic that academic circles and the government have paid attention to for a long time.The development of fintech and the improvement of financial regulation will affect the level of financial risk.The relationship between the degree of matching between fintech and financial regulation and financial risk is explored,which is crucial for reducing financial risk.Panel data from 31 provinces in China from 2011 to 2020 is used to explore the impact of fintech and financial regulatory matching levels on financial risk.The study finds that the improved matching level between fintech and financial regulation helps reduce financial risk.The degree of matching between fintech and financial regulation affects financial risk through financial efficiency.
文摘Introduction:Since 2015 is the year of FinTech in Taiwan,it is worth investigating the challenges that emerged when banks were encouraged to invest in FinTech companies for collaboration.This study aims to identify the strategic considerations in the process of searching for FinTech investment targets.Case description:This study used a case study investigation of a top-5 bank in Taiwan.The major data sources include the meeting notes of the FinTech investment task force and interviews with the team members.Co-opetition theory was adopted as the theoretical framework and interview questions were derived from the PARTS strategies in co-petition theory.The results relate to:(1)the strategic goals of FinTech investment,(2)the added value from FinTech companies,(3)criteria in selecting candidates in the same FinTech area,(4)choosing to work as either a cooperator or a competitor,and(5)barriers from policies and regulations.Discussion and evaluation:This study has several findings:(1)regulations and policies shape FinTech’s development;(2)banks,technology companies,and customers are not“FinTech ready;”(3)Compare top-down with bottom up strategies;(4)banks and FinTech companies have complex relationships;(5)it is unlikely that Taiwan will produce FinTech disruptors in the near future.Conclusion:The findings and discussion can benefit researchers and administrators in finance-related industries.More studies are desired to observe long-term development in terms of how companies collaborate or compete in specific FinTech areas.
文摘At present,Chinese financial supervision departments are constrained by information asymmetry and higher supervision costs,so their effectiveness in the ever-changing financial supervision needs to be improved urgently.Based on the G-SIBs fintech index,this paper analyzes the scores of fintech r&d,promotion,application and other indicators,aiming to explain the necessity of fintech regulation,and puts forward measures to strengthen fintech regulation.
基金funded by the University of Seville under grant to the Research Group[SEJ-566].
文摘Digital innovation is challenging the traditional way of offering financial services to companies;the so-called Fintech phenomenon refers to startups that use the latest technologies to offer innovative financial services.Within the framework of the Theory of Planned Behavior(TPB)and the Theory of Reasoned Action(TRA),the primary purpose of this paper is to develop a causal-predictive analysis of the relationship between Subjective Norms,Attitudes,and Perceived Behavioral Control with the Intention to Use and Behavioral Use of the Fintech services by companies.Partial Least Squares Structural Equation Modeling methodology was used with data collected from a survey of 300 companies.Our findings support the TRA and TPB models and confirm their robustness in predicting companies’intention and use of Fintech services.Financial technology innovators must understand the processes involved in users’adoption to design sound strategies that increase the viability of their services.Studying the antecedents of behavioral intention to adopt Fintech services can greatly help understand the pace of adoption,allowing these players to attract and retain customers better.This study contributes to the literature by formulating and validating TPB to predict Fintech adoption,and its findings provide useful information for banks and Fintech companies and lead to an improvement in organizational performance management in formulating marketing strategies.
