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Journal articles on the topic 'Fintechs'
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Joia, Luiz Antonio, and Joaquim Pedro Vasconcelos Cordeiro. "Unlocking the Potential of Fintechs for Financial Inclusion: A Delphi-Based Approach." Sustainability 13, no. 21 (October 22, 2021): 11675. http://dx.doi.org/10.3390/su132111675.
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The financial sector is experiencing an accelerated process of transformation shaped by fintechs, which opens an important window of opportunity to increase financial inclusion in emerging markets, such as Brazil, with high financial exclusion. Thus, this article investigates, through a Delphi approach involving fintech professionals, the potential of fintechs to enable financial inclusion in emerging markets, using Brazil as a proxy. The analysis carried out identified three domains related to fintechs that have the potential to impact financial inclusion: (i) fintechs can serve niches of people without a bank account in the traditional financial market, (ii) fintechs can reduce costs for clients through increased competition, and (iii) fintechs can offer financial services in remote locations, far from traditional financial institutions. Thus, with the objective of developing a public agenda of financial inclusion through fintechs, the article proposes four lines of public policies: (i) expansion and modernization of mobile and internet infrastructure, (ii) improvement of the population’s financial and digital education, (iii) implementation of a trustworthy environment for the fintech clients, and (iv) development and enforcement of an effective legal and regulatory framework for fintechs. These policies, if implemented, can benefit people excluded from the financial system around the world.
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Lidyah, Rika, Nur Faliza, Basri Basri, Effan Fahrizal, and Heppi Syofya. "Fintech Education In Improving Msme Businesses For Women Farming Groups In Village Communities." Journal Of Human And Education (JAHE) 4, no. 1 (January 11, 2024): 23–28. http://dx.doi.org/10.31004/jh.v4i1.540.
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When discussing with members of the Women's Farmers' Group in Muara Harapan Village, Muara Enim, South Sumatra, they had a number of problems as well as the reasons why salted egg production and green tea production were not growing rapidly and in fact were always decreasing every year. The problem in question is a lack of capital costs. After discovering this problem, the author discussed with other authors and village officials suggesting collaborating with Fintech in order to improve the home businesses of KWT Melati women so they can compete with competitors both online and offline. Kesimpulan artikel ini menunjukkan pertama, In a short time, the author can only do three things, namely provide education on how to use FINTECH applications, identify which FINTECHs are licensed and which FINTECHs are not licensed, and submit proposals to the Village Government, Regency Government and FINTECH Companies. Kedua, FINTECH is the easiest and fastest financial institution to provide loans, so according to the author, FINTEC is the most suitable financial institution.
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Onzi, Vanessa, Priscila Nesello, Cassiane Chais, Paula Patrícia Ganzer, Adrieli Alves Pereira Radaelli, and Pelayo Munhoz Olea. "Startups fintechs." Revista E-Tech: Tecnologias para Competitividade Industrial - ISSN - 1983-1838 10, no. 1 (December 22, 2017): 3–21. http://dx.doi.org/10.18624/e-tech.v10i2.935.
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No mundo globalizado onde a busca pela diferenciação e competitividade são essenciais, a inovação torna-se um elemento fundamental. No desenvolvimento das inovações até a constante utilização da tecnologia houve um incentivo às transformações nos modelos de negócios atuais. O sistema financeiro atrelado aos bancos também sofreu mudanças, com as influências das startups fintechs, que são inovações na área de serviços financeiros focados nas necessidades dos usuários. Com as constantes mudanças e disseminação da inovação, tecnologia e informação, se faz necessário compreender os recursos que estão à disposição das pessoas. O objetivo foi analisar as inovações que a fintech Nubank trouxe ao mercado financeiro nas dimensões ofertas, clientes, experiência dos clientes, processos e marca. A Nubank foi escolhida por ser a mais inovadora fintech do Brasil, de acordo com a pesquisa da KPMG (2016). Para a realização deste estudo e tendo em vista o objetivo proposto, foi utilizada metodologia qualitativa bibliográfica. Os resultados indicam que as fintechs trouxeram inovações radicais ao mercado, atendendo às expectativas dos clientes, instigando a imitação de outras instituições.
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AlBaker, Yousef. "Determinants of financial performance of FinTechs in Organisation for Economic Co-operation and Development countries." Corporate & Business Strategy Review 5, no. 3, special issue (2024): 216–27. http://dx.doi.org/10.22495/cbsrv5i3siart1.
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The study determined the effect of size, equity, labour, loans, and deposits on the performance of the financial technology (FinTechs; return on assets — ROA and return on equity — ROE). Data on FinTech performance was collected from the Refinitive Eikon platform. As prior studies have found, variables such as size, equity, labour, loans, and deposits can impact the ROA and ROE (Abbasi et al., 2021; Akbar, 2021). Drawing upon prior work examining similar relationships at the firm level one, the research analyzes a sample of 148 FinTech from 10 Organisation for Economic Co-operation and Development (OECD) countries from 2000–2022. Consistent with Abbasi et al.’s (2021) findings regarding FinTech adoption and efficiency, the impact of variables, including size, equity, loans, and deposits on returns, are evaluated. According to the study, it was clear that a rise in the company’s size led to a decline in its financial performance. The findings revealed that assets positively affected the performance of FinTechs across the different financial periods. Labour had a negative effect on the ROA across the OECD countries’ FinTechs, while loans positively affected the performance of the different FinTechs. From the study, there is a need for more collaborative research across academics, policymakers, and industry experts to better the outcomes.
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Czarkowska, Marta, and Michał Polasik. "Success factors for the development of FinTech entities on the Polish market: a case study." e-mentor 105, no. 3 (July 2024): 31–40. http://dx.doi.org/10.15219/em105.1668.
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The dynamic development of services in the financial market that use digital technologies has made FinTech synonymous with modernity, and a term with growing popularity, both among banking professionals and the wider consumer community. Since 2009, the dynamic development of this new segment of non-banking startup entities within the financial sector, FinTechs, has been observed. The main objective of this study is to identify success factors for the development of FinTech entities, by conduscting research using a multiple case study method involving six selected FinTech entities operating in the Polish market, supported by an extensive literature review. Our research, as well as the analysis of secondary sources, established that one of the key factors supporting the success of the development of FinTech entities is the establishment of cooperation with banks, which brings significant benefits to both parties - banks and FinTechs - allowing them to exploit the potential for complementarities between their strengths and increase opportunities for joint development. Some of the solutions introduced by FinTechs are fully based on cooperation with banks, for example BLIK, a system integrated with mobile banking applications. The main barrier to the development of FinTechs in Poland has turned out to be limitations related to legal regulations and the manner of their implementation in the Polish market. The financial market is becoming increasingly regulated, and, at the same time, the Polish financial market supervisory authority is pursuing a rather restrictive policy. The most important factor that determines the popularity of digital FinTech services among Polish consumers is the ability to provide them with broadly understood convenience.
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Imam, Tasadduq, Angelique McInnes, Sisira Colombage, and Robert Grose. "Opportunities and Barriers for FinTech in SAARC and ASEAN Countries." Journal of Risk and Financial Management 15, no. 2 (February 13, 2022): 77. http://dx.doi.org/10.3390/jrfm15020077.
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This article assesses the opportunities and challenges for different categories of FinTechs in the SAARC and ASEAN regions. We consider the global financial inclusion data released by the World Bank and map the responses to gain insights into the opportunities and challenges for FinTechs in the respective regions. We develop a new index, termed the FinTech Opportunity Index (FOI), to conceptualise the opportunities and barriers based on individual savings, borrowings, purchasing behaviour, and payment preferences. We note that FinTech services have potential opportunities for expansion in the ASEAN regions but less so in the SAARC regions. The need for different types of FinTech services varies between regions. Services such as crowdfunding, neobanks, and InsurTech have potential in the ASEAN regions, especially with the positive attitude towards entrepreneurship and asset investments. In the SAARC regions, InsurTechs linked to health care has potential along with LendTechs and neobanks. We further note that males, and the young are more likely adopters of FinTechs in both regions. The analysis suggests the need for innovative promotions and education to motivate the more sceptical, especially women and the elderly population, to adopt FinTech services.
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Harasim, Janina. "FinTechs, BigTechs and Banks—When Cooperation and When Competition?" Journal of Risk and Financial Management 14, no. 12 (December 18, 2021): 614. http://dx.doi.org/10.3390/jrfm14120614.
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While there is a fast-growing number of studies on FinTech, the relationships between technology companies and banks have received only limited attention in the research literature. Most of the studies on FinTech-bank interactions conducted so far address the questions: why banks collaborate with FinTechs (reasons) and how they do it (forms of cooperation), whereas this paper aims at clarifying when the most likely form of their interaction is cooperation and when competition. To cover this cognitive gap, the conceptual framework to help explain which factors affect the type of interactions between technology companies and banks is presented in this paper. Based on extensive literature review and using the market-based approach, the external factors of the market position of banks and technology companies were examined. It was found that this position and therefore the basic type of interaction depends on the adoption level of FinTechs and BigTechs in individual countries/regions. The adoption of FinTechs and BigTechs turned out to be higher in EMDEs and lower in AEs, which makes it more likely that in the first group of countries tech companies would tend to serve as banks’ competitors, whereas in the second group they would rather collaborate with banks or choose the coopetition strategy. When analyzing internal factors, the resource-based approach and a slightly modified IO theory were applied. In this part, the strategic tool which enables the assessment of the extent to which assets, skills, and features of FinTechs, BigTechs and banks are complementary (which gives the rationale for cooperation) or substitutable (which gives the rationale for competition) was proposed. This study is a critical analysis based on desk research, that contributes to the existing literature by (1) providing a narrow definition of FinTech representing the subjective/institutional approach, (2) considering separately FinTechs and BigTechs, and (3) proposing the strategic tool which helps to assess comparative advantages of banks, FinTechs and BigTechs, and thus makes it easier to choose the most appropriate type of their interaction.
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Ashta, Arvind. "How Can Fintech Companies Get Involved in the Environment?" Sustainability 15, no. 13 (July 6, 2023): 10675. http://dx.doi.org/10.3390/su151310675.
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Financial services providers have the funds to finance climate change, and new entrepreneurs would like to join this effort. They need ideas on what fintechs can do to make money yet be sustainable. The research purpose of this study is to explore what fintechs are doing in this field of climate change and what theoretical and policy implications can be gained. This exploratory study uses a multiple case study method, using secondary sources of information. The sample includes five big fintechs and twelve green fintechs. The study finds that large fintech firms are diverse in the extent of their reporting and the issues that they are tackling, but they all report on their Scope 1 and Scope 2 impacts, and most report on Scope 3. Smaller dedicated green fintechs in the sample are grouped into those that offer to crowdfund green projects, those that track the impact of green projects or other firms or individuals, payment firms that invest directly into green projects, and those that provide a platform for peer-to-peer trading of renewable energy. The exploration is relevant to theories and concepts, including product differentiation and enhancement, disruptive innovation, collaborative ecosystems, and environmental and social impacts. Using lateral thinking, microfinance, and work-sharing research can stimulate reflection on developing more inclusive and advanced green fintech offerings. A few directions for future research in this field have been provided for those interested in impact measurement, strategic management, business models, risk management, or innovation theories.
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Fonseca, Cristina, and Raquel Meneses. "Motivations for Coopetition Strategies between Banks and Fintechs." Proceedings of the International Conference on Business Excellence 14, no. 1 (July 1, 2020): 282–93. http://dx.doi.org/10.2478/picbe-2020-0027.
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AbstractThe aim of this study is to identify the main motivations for the formation of strategic coopetitive partnerships between Banks and Fintechs. In this sense, an exploratory qualitative analysis was performed using semi-structured interviews. Following the triangulation between literature review, primary sources (interviews) and secondary sources (news and relevant documentation), the analysis of the results was performed using the Systematic Combination approach. The results led to the conclusion that the “clients” factor, materialized in the will to respond to their new demands, through value creation, is the main motivation for both institutions to establish strategic alliances. This study filled the literature gaps regarding the identification of the main motivations to form coopetitive strategic alliances between Banks and Fintechs: banks need the Fintechs’ technological know-how, their flexibility in the processes and the fact that Fintech operate in specific niches; Fintechs need banks’ market knowledge and their scale. Together they can answer in a better way new customer demand. This investigation is limited by the lack of tangible identification of existing Fintechs; and also because of qualitative analysis lack of quantitative confirmation.
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Melnyk, Mykola, Mykyta Kuchkin, and Andriy Blyznyukov. "Commercial Banks: Traditional Banking Models Vs. Fintechs Solutions." Financial Markets, Institutions and Risks 6, no. 2 (2022): 122–29. http://dx.doi.org/10.21272/fmir.6(2).122-129.2022.
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This research is dedicated to ambitions of commercial banks in a form of a comparison of existing traditional banking models Versus FinTech solutions. Examples presented in the study are based on global market and forecasts are based on McKinsey and CB Insights reports. The hypothesis of this research imposed and suggested there are neither traditional model of commercial banks will remain at the constant, instead due to the mutual gain of the symbiosis the symbiosis commercial banks and FinTechs will respond to incentives. Research questions were: i) what are the ambitions of commercial banks in generating profits and how do they change in line with growth of the market of FinTechs? ii) to which extent traditional banking models and FinTechs solutions can be compared by assessed form the perspective of operations?; iii) which scenario out of tradition banking models, FinTechs only and a symbiosis between both is most likely to progress in the closest decade? Findings demonstrate that commercial banks’ financial ambitions continue to transform in line with product diversification they propose, commercial banks transform in their products and pricing will keep in balance between remaining competitive and profitable. The most realistic scenario in the future of commercial banks and FinTech solutions is the in-depth symbiosis.
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Bittini, Javier Sada, Salvador Cruz Rambaud, Joaquín López Pascual, and Roberto Moro-Visconti. "Business Models and Sustainability Plans in the FinTech, InsurTech, and PropTech Industry: Evidence from Spain." Sustainability 14, no. 19 (September 24, 2022): 12088. http://dx.doi.org/10.3390/su141912088.
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After describing the main features of the Spanish companies belonging to the FinTech, InsurTech, and PropTech sectors, the main objective of this study is to analyze whether their B2B/B2C business models are related to the existence of sustainability plans. Specifically, this paper analyzes whether the existence of a sustainability department is a determining factor for the business model adopted by the Spanish FinTechs, InsurTechs, and PropTechs. By using the multinomial logit regression, other factors such as the current closeness of companies to the sustainable development goals (SDGs), the sensitivity to domestic and European FinTech/InsurTech regulations, and the perception of FinTechs about such European regulations are debated before conclusions are drawn for a future research agenda.
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Serpe, Luís Filippe, and Ana Paula Mussi Szabo Cherobim. "Raising research possibilities on Fintechs from the SME’s Innovation Management and Penrose Firm Growth theory approaches." Revista de Negócios 27, no. 3 (April 3, 2023): 22. http://dx.doi.org/10.7867/1980-4431.2022v27n3p22-42.
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The emergence of Fintechs as competitors in the financial industry has created a debate concerning their ability to compete with traditional banking institutions. There is the advantage of using virtual platforms, which makes possible to reach a wider public. Fintechs deal with investors and other stakeholders, with innovation, differing from traditional institutions. Also, they face threats that come from frauds and regulation issues. So, to propose ways to study fintechs, this article aims to build research questions and possible topics for future studies in fintechs, using as basis the Innovation Management and Penrose’s Theory of Firm Growth. The methodology used was a literature review with documental analysis, in the form of essay, describing two theoretical axes, in order to find connection between the theories. According to Bense (1947), the essay discusses the development of new theories and studies, focusing on the object and finding different views. The objectives were achieved, making possible to present research questions from the theories. The findings showed that there is an incipient connection between both theories, where few studies point to the possibility of explaining the behavior of small firms (fintechs) using elements from both theories. This research is limited by the scope, to focus on an specific type of firm (fintech), and by the difficulty in establish parameters for the selection of representative works in each field. The novelty in this paper is to propose the use of these theories as basis for a new approach in the study of fintechs.
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Moro-Visconti, Roberto, Salvador Cruz Rambaud, and Joaquín López Pascual. "Sustainability in FinTechs: An Explanation through Business Model Scalability and Market Valuation." Sustainability 12, no. 24 (December 10, 2020): 10316. http://dx.doi.org/10.3390/su122410316.
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Framework: Financial Technology (FinTech) is an industry composed of diversified firms that combine financial services with innovative technologies. The research question and main goal are attempting to answer whether they are more similar to traditional banks or trendy technological firms deploying their innovativeness to favor financial inclusion and sustainability. Justification: Evaluators may wonder if FinTechs follow the typical evaluation patterns of bank/financial intermediaries or those of technological firms. Preliminary empirical evidence shows that the latter interpretation is the one consistent with the stock-market mood. Objective: This study goes beyond the extant literature, analyzing the differences between FinTechs and traditional banks in market valuation, and showing the potential for digital interaction and cross-pollination of complementary business models. Methodology: The differences will be empirically analyzed with the stock market valuation and the multipliers associated with these firms. Results: The main contribution of this paper is that the appraisal approaches of FinTechs follow those of technological startups, having a revenue model much more scalable than that of a typical bank. FinTechs may so provide a solution for sustainable finance with microfinance and crowdfunding among others. FinTechs and traditional banks may eventually converge towards a common market exploiting co-opetition strategies.
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Turcan, Romeo V., and Bernadett Deák. "Fintech – stick or carrot – in innovating and transforming a financial ecosystem: toward a typology of comfort zoning." foresight 24, no. 1 (November 12, 2021): 126–39. http://dx.doi.org/10.1108/fs-02-2021-0052.
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Purpose Fintech is an “untilled field” in which the relation between Fintechs and incumbents is yet to be understood. This paper aims to explore this relationship and advance its theoretical and practical understanding. It further contributes toward Fintech paradigm and research domain emergence that both to date remain yet elusive. Design/methodology/approach This paper adopted a multiple-case study strategy for the purpose of theory building. Seven players from the Fintech ecosystem in Quebec (Canada) were selected, representing financial institutions, Fintech start-ups and Quebec’s financial cluster. Primary data was collected via in-depth interviews with ten respondents at the level of vice presidents, Managers, directors, chief executive officers and founders, and unobtrusive data – in the form of running records, mass-media news reports, presentations and proceedings from Fintech events. Data analysis was informed by grounded theory methods and techniques. Findings Grounded in data, this paper puts forward a typology of “comfort zoning” and its four types: nimbling, imperiling, cocooning and discomforting. Research limitations/implications Following the tenets of the grounded theory, four criteria are used to evaluate the emergent theory: fit, relevance, workability and modifiability. It is expected the interpretation and adoption of comfort zoning typology will be challenged, modified and enhanced by Fintech researchers and practitioners. Practical implications The comfort zoning typology would aid practitioners in their efforts to define and refine the domain of Fintech, problematize it and eventually enhance the relationship between Fintechs. Originality/value This paper fulfills an identified need to explore the relationship between Fintechs and incumbents and advance the theoretical and practical understanding of this relationship.
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Bello, Valdmar. "Vulnerabilidade do Superendividado no Empréstimo Consignado e o Papel das Fintechs na Democratização do Crédito." Revista da Procuradoria-Geral do Banco Central 17, no. 1 (November 23, 2023): 12–29. http://dx.doi.org/10.58766/rpgbcb.v17i1.1174.
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O trabalho investiga como as fintechs podem contribuir para a democratização do crédito e redução do superendividamento nos empréstimos consignados no Brasil. O objetivo geral é analisar a contribuição das fintechs para a ampliação do crédito com práticas responsáveis, reduzindo o superendividamento nos empréstimos consignados no Brasil. Os objetivos específicos são: (i) compreender a positivação do conceito de superendividamento, sua extensão e seus efeitos na legislação com base na doutrina, o perfil do superendividado e a prevenção ao superendividamento; (ii) descrever as características do empréstimo consignado e as situações de vulnerabilidade do consumidor financeiro, a publicidade abusiva e outras irregularidades na oferta do crédito, sob a ótica do Código de Defesa do Consumidor; (iii) examinar o papel da fintech no acesso ao crédito, abordando potenciais benefícios e ameaças em função de sua tecnologia disruptiva; e (iv) identificar se as fintechs de crédito podem efetivamente contribuir para redução do superendividamento, considerando as características dos consignados ofertados. Por meio de pesquisa empírica, com base no raciocínio dedutivo, utilizando-se tabelas e matrizes, com a finalidade de investigar o papel da fintechs na democratização do crédito, serão analisadas as abordagens de empréstimo consignado oferecido por essas entidades ao consumidor, e verificadas se tais ofertas estão em conformidade com o Código de Defesa do Consumidor e com as melhores práticas de crédito responsável, avaliando-se o grau de satisfação no relacionamento entre a fintech e o consumidor.
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Pakpahan, Elvira Fitriyani, Kristina Chandra, and Anderson Tanjaya. "URGENSI PENGATURAN FINANCIAL TECHNOLOGY DI INDONESIA." Jurnal Darma Agung 28, no. 3 (December 7, 2020): 444. http://dx.doi.org/10.46930/ojsuda.v28i3.807.
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Fintech is a combination of a financial system with digital technology. Fintech's goal is to provide financial services by making use of modern software and technology. This type of research is normative juridical research. The nature of descriptive research. Qualitative data analysis. Based on the results of the research that the existence of urgency will provide clarity on the competitive space and legal Fintech climate. The existing Fintechs really understand the problems they are facing. For this reason, the clarity of the urgency of Fintech regulation can further convince the public that their interests are well protected. Therefore, the government issued the urgency of regulating Financial Technology in Indonesia, including the Financial Services Authority Regulation (POJK), Law Number 8 of 1999 concerning Consumer Protection (UUPK), Law Number 21 of 2008 concerning Banking, Law Number 19 2016 Amendments to Law Number 11 of 2008 concerning Electronic Information and Transactions, Government Regulation Number 71 of 2019 concerning Electronic Systems and Transactions.
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Horváth, Dóra, Ádám Kerényi, and Roland Zsolt Szabó. "Intended benefits and challenges of cooperation between FinTechs and commercial banks." Acta Oeconomica 72, no. 3 (September 21, 2022): 289–308. http://dx.doi.org/10.1556/032.2022.00023.
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Abstract The financial industry has undergone several changes in recent years. One of these changes is the emergence of financial technology (FinTech) companies that are radically transforming the industry, posing a significant challenge to traditional commercial banks. In this study, we examined the responses of the Hungarian banks to the emergence of innovative FinTech startups and explored the benefits and barriers of the FinTech accelerator programs launched by banks. We conducted 27 semi-structured interviews with top executives of banks, FinTech startups and scaleups, investors and regulators to identify the potential benefits and barriers during the cooperation between banks and FinTechs. The most important results of our research show that during the partnership, several advantages can be gained by both parties. Still, the realization of these benefits is significantly hindered by the excessive exploitation focus of banks. Ambidextrous internal champions or suppliers of the banks are needed for successful cooperation between FinTechs and banks.
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De Amorim, Núbia Carvalho, and Rhogério Correia De Souza Araújo. "DESENVOLVIMENTO DE PROJETOS DE EMPREENDEDORISMO FINANCEIRO. ESTUDO DE CASO: FINTECHS E SUAS AÇÕES." Revista Gestão, Inovação e Negócios 5, no. 1 (May 24, 2019): 80–104. http://dx.doi.org/10.29246/2358-9868.2019v5i1.p80-104.
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O termo fintech, surgiu da combinação das palavras em inglês, financial (finanças) e technology (tecnologia) na Califórnia – Estados Unidos na década de 90, porém obteve conhecimento no Brasil por volta do ano de 2013, às fintechs trouxeram impactos e mudanças no setor bancário trazendo uma renovação no que tange à utilização de serviços bancários. Instituições financeiras agregaram valor ao novo modelo com iniciativas de investimentos e desenvolvimentos de projetos. Em relação aos clientes e usuários de aplicativos das fintechs houve uma aceitação e confiança, pois se trata do uso de tecnologia inovadora, onde o foco é o perfil do cliente, segurança das transações e sigilo dos dados, o serviço é cem por cento digital, o que comprova a eficiência e crescimento da sua utilização, não há existência de intermediários, o cliente tem como benefícios a vantagem de não precisar se deslocar até uma agência física, isenção de tarifas e taxas menores, portanto o presente artigo tem como objetivo geral descrever e conceituar às fintechs, demonstrando suas características e satisfação de usuários ao utilizarem seus serviços no segmento bancário, sendo um diferencial na forma de empreender com foco na tecnologia, abordando incentivos e projetos de aceleração. Faz-se referência a uma pesquisa descritiva, explicativa e bibliográfica, sendo que foram analisados três centros de empreendedorismo financeiro e tecnológico com foco nas fintechs, abordou-se também análise de dados de fintechs que se destacaram no setor. Através da pesquisa e estudo de caso relatou evolução, características e segmentos das fintechs. Contudo referente aos objetivos específicos dissertou-se sobre empreendedorismo, comprovando que às startups fintechs é um modelo novo de negócio, verificando sua atuação, vantagens e evolução, o objetivo geral foi validado aos grandes tipos de investimentos e desenvolvimentos para se alcançar o sucesso, justificado através de valores e números seu potencial e eficiência no setor bancário.
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Кулешов, Я. И. "Efficiency of FinTech Shares Pricing in Initial Public Offering (IPO)." Экономика и предпринимательство, no. 6(131) (August 9, 2021): 1066–71. http://dx.doi.org/10.34925/eip.2021.131.6.208.
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В данной статье исследуется динамика акций 98 североамериканских (США и Канады) и 43 европейских финтех-компаний с первичным публичным размещением акций в период с 2008 по 2020 год. Для краткосрочных результатов обнаружены значительные уровни недооценки: 17% для североамериканских и 10% для европейских финтех-компаний. Североамериканские финтех-компании имеют значительно более высокую степень недооценки при IPO, чем европейские FinTech-компании. Из результатов регрессии следует, что венчурный капитал и возраст фирм оказывают значительное влияние на степень недооценки. This article examines the performance of 98 North American (US and Canada) and 43 European fintech IPOs from 2008 to 2020. For short-term results, significant levels of underestimation were found: 17% for North American and 10% for European fintech companies. North American fintechs are significantly more undervalued in IPOs than European fintechs. The regression results show that venture capital and the age of firms have a significant impact on the degree of underestimation.
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Nascimento, Hérica Henrique do. "CONTAS DIGITAIS: A REVOLUÇÃO DO SISTEMA BANCÁRIO E A PERCEPÇÃO DOS SERVIÇOS PELA SOCIEDADE." Revista Valore 5 (July 1, 2021): 282–93. http://dx.doi.org/10.22408/reva502020862282-293.
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Este artigo científico tem por finalidade evidenciar a revolução no sistema bancário, através de um breve histórico e identificar a percepção dos indivíduos sobre a qualidade dos serviços ofertados pelas Fintechs (atuais bancos digitais), startups que executam serviços relacionados à área financeira , de acordo com as dimensões da qualidade estabelecidos no método SERVQUAL, o qual será aplicado um questionário com 22 perguntas e será utilizada a escala de Likert, e por sua vez ocorrerá extração apenas da frequência relativa de cada resposta. Deste modo, será realizado um questionário utilizando a plataforma Google Forms para que os indivíduos possam preencher. Sendo assim, espera-se identificar a Fintech mais utilizada e quais as percepções dos cliente sobre os serviços ofertados pelas fintechs através das dimensões da qualidade. O trabalho é composto por introdução, desenvolvimento, discussão , conclusão e referências. Palavras-chave: Fintechs. Bancos digitais. dimensões da qualidade
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Klimontowicz, Monika. "FinTechs Contribution to Sustainable Development." Annales Universitatis Mariae Curie-Skłodowska, sectio H – Oeconomia 57, no. 4 (December 23, 2023): 103–21. http://dx.doi.org/10.17951/h.2023.57.4.103-121.
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Theoretical background: The FinTechs phenomenon is worth discussing as its multidimensional character causes difficulties not only with defining it but also with assessing the impact of its development on the economy and society. The impact of FinTechs on sustainable development is a relatively new field of research. Thus, the paper presents exploratory research aiming to analyse the current areas of FinTechs activity, the state of their development in Europe, and the state of the art in European research on their impact on sustainable development goals (SDGs) achievement. The study applied both inductive and deductive research methods, together with comparative analysis. Purpose of the article: The paper aims to analyse the European FinTechs landscape in the context of their impact on sustainability reflected by SDGs and prepare the framework for further research in this field. Research methods: The theoretical analysis conducted in the paper for defining FinTechs was based on an in-depth literature review, including scientific papers, documents and reports. In this section, the inductive method and comparative analysis were mostly applied. The empirical part of the paper includes the analysis of quantitative data published by the European Commission and Eurostat. This analysis is primarily based on comparative analysis. The framework for further research in this field is based on a systemic literature review (SLR). In this section, the PRISMA methodology was applied. Main findings: There is no doubt that FinTechs have already influenced the financial systems worldwide. In Europe, their disruptive development motivated the traditional market players to adapt their offerings, strategies and business models. They were perceived as market disruptors at the beginning of their operational activity. Today, the vast majority of authors notice their huge potential as sustainability enablers. The systemic literature review proved the worldwide systematically increasing scientific interest in surveying the FinTechs and their contribution to SDGs achievement. This trend has not yet been observed in Europe. Only a few papers directly refer to the relationship between FinTechs and SDGs achievement in European countries. The results have shed light on existing academic literature embracing both FinTech and SDGs issues in Europe, explored emerging trends in current research, and identified the main areas for further investigation.
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Harasim, Janina. "Rewolucja technologiczna a konkurencja w sektorze finansowym." Studia BAS 3, no. 63 (2020): 43–59. http://dx.doi.org/10.31268/studiabas.2020.21.
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The rapid development of modern technology and the increasing number of FinTechs can bring new competition challenges to incumbents. First, the author identifies the most important technologies implemented in the financial sector, such as artificial intelligence, machine learning, APIs, cloud computing, mobile technology and DLT. Next, she analyses BigTechs’ customer-centric platform-based business model and its impact on competition in the financial sector. The expansion of BigTechs into finance should lower the barriers to entry by reducing information and transaction costs, and thereby enhance financial inclusion. However, the long-term impact could be negative as BigTechs can exploit their market power to increase user switching costs and/or to exclude potential competitors. The impact of smaller FinTechs on competition seems to be more beneficial as they rather collaborate than compete with incumbents (especially with banks) while bank – FinTech alliances aim at improving the prospects and the market value of both FinTechs and banks.
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Rupeika-Apoga, Ramona, Stefan Wendt, and Victoria Geyfman. "Shareholders in the Driver’s Seat: Unraveling the Impact on Financial Performance in Latvian Fintech Companies." Risks 12, no. 3 (March 18, 2024): 54. http://dx.doi.org/10.3390/risks12030054.
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Fintech companies are relatively young and operate in a rapidly evolving and ever-changing industry, which makes it important to understand how different factors, including shareholder presence in management roles, affect their performance. This study investigates the impact of shareholder presence in director and manager positions on the financial performance of Latvian fintechs. Our investigation centers on essential financial ratios, including Return on Assets, Return on Equity, Profit Margin, Liquidity Ratio, Current Ratio, and Solvency Ratio. Our findings suggest that the presence of shareholders in director and manager roles does not significantly affect the financial performance of fintech companies. Although the statistical analysis did not yield significant results, it is important to consider additional insights garnered from Cliff’s Delta effect sizes. Specifically, despite the lack of statistical significance, practical significance indicates that fintech companies in which directors and managers are shareholders show slightly better performance than other fintech companies. Beyond shedding light on the intricacies of corporate governance in the fintech sector, this research serves as a valuable resource for investors, stakeholders, and fellow researchers seeking to understand the impact of shareholder presence in director and manager roles on the financial performance of fintechs.
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Yao Séraphin, PRAO. "Financial Liberalization and Banking Risks in the Waemu Zone: Do Fintechs Matter?" International Journal of Accounting and Financial Reporting 14, no. 2 (May 24, 2024): 25. http://dx.doi.org/10.5296/ijafr.v14i2.21990.
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This study aims to examine the role of fintech development in the relationship between financial liberalization and banking risks in WAEMU countries. To do this, we used macroeconomic data from WAEMU countries, except of Guinea Bissau, due to lack of data, over the period 2011-2021. Methodologically, we use the PCSE (Panel-Corrected Standard Error) method of Beck and Katz (1995). The results revealed that fintechs amplify the banking risk reduction effect of financial liberalization. In terms of economic policy implications, the study suggests that the authorities should step up the process of financial liberalization and pay particular attention to adequate regulation of fintechs.
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Contreras Pinochet, Luis Hernan, Guilherme Tongnole Diogo, Evandro Luiz Lopes, Eliane Herrero, and Ricardo Luiz Pereira Bueno. "Propensity of contracting loans services from FinTech’s in Brazil." International Journal of Bank Marketing 37, no. 5 (July 1, 2019): 1190–214. http://dx.doi.org/10.1108/ijbm-07-2018-0174.
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Purpose Given the large global investments made in FinTechs and the context of Brazilian credit (which has been suffering from the effects of the crisis in the last decade), the purpose of this paper is to study the propensity of consumption of credit services offered by FinTechs of loans. In order to discover the factors that influenced the propensity to apply for FinTech loans, a theoretical model was designed, which was tested by means of a survey given to individuals who might contract loans. Design/methodology/approach The final sample consisted of 507 individuals whose data were analyzed through structural equation modeling (SEM), with estimation of partial least squares. Findings From the results of the research, it was possible to draw a profile of the FinTechs of Brazilian loans and also to estimate the antecedents of the propensity to utilize this type of service. Research limitations/implications The model proposed in this work was developed to measure the propensity to consume in relation to the credit services offered by lending FinTechs. Practical implications The consumer should intensify the use of these channels to shape financial products and services to their needs, thereby democratizing access to credit, which is often restricted in quantity and quality by policies of institutions that dominate the Brazilian lending market. Originality/value Aspects such as trust, personal innovation, perceived utility, ease of use and social influence, as well as the constructs that precede them like privacy, stigma and transactional distance, explain 41.5 percent of the propensity to use services from lending FinTechs in Brazil.
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Rode, Jörg. "Square zahlt Milliarden für Afterpay." Lebensmittel Zeitung 73, no. 31 (2021): 26. http://dx.doi.org/10.51202/0947-7527-2021-31-026.
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Das US-Fintech Square will Afterpay übernehmen. Der Aktien-Deal im Wert von 29 Mrd. US-Dollar unterstreicht das Interesse von Fintechs und Anleger-Szene an Dienstleistern für Rechnungs- und Ratenkauf in Internet-Shops. Afterpay ist in Europa unter dem Namen Clearpay unterwegs.
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Feghali, Khalil, Lama Daher, and Pamela Nassif. "The influence of Fintech on Financial Inclusion: An International Study." Indonesian Management and Accounting Research 23, no. 1 (April 3, 2024): 65–86. http://dx.doi.org/10.25105/imar.v23i1.18312.
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The digital transformation supported by Fintech firms is rapidly transforming the nature and the shape of the financial markets all over the world, especially after the Covid-19 outbreak and the recent pandemic that have accelerated the implementation and development of these technologies. This disruption on the financial markets is leading to changes in different processes, products and services. Nevertheless, it is argued that the importance of the effect of Fintech is linked to two main factors: including the individuals left out by the financial markets, thus increasing financial inclusion, and benefiting from the decreased trust in the banks. Consequently, we find it valuable to study the relationship between Fintech and financial inclusion. We claim that it is beneficial to study the effect of Fintechs on two different types of financial inclusion, savings and credit, to be able to determine if there will be different or similar consequences. We hypothesize that Fintechs have a positive effect on the inclusion by savings and also a favorable impact on the inclusion by credit. Using cross country data from the World Bank related to the financial inclusion and a Fintech index “Global Fintech index2020”, including the rankings and scores of 65 countries in which more than 7,000 Fintech companies, we find that Fintech is associated with greater financial inclusion.
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Stäuber, Peter. "Flinke Fintechs." return 8, no. 4 (August 2021): 31. http://dx.doi.org/10.1007/s41964-021-0785-5.
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Fischer, Matthias. "Erfolgsbewertung von Fintechs durch die Analyse von Venture Capital Finanzierungsrunden." Zeitschrift für das gesamte Genossenschaftswesen 70, no. 3 (September 1, 2020): 161–75. http://dx.doi.org/10.1515/zfgg-2020-0012.
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Zusammenfassung Von April 1992 bis April 2020 wurden weltweit mehr als 102 Mrd. USD Wagniskapital in Fintechs investiert. In einer empirischen Studie wurden die Fintech-Risikokapitalfinanzierungen in den folgenden Bereichen untersucht: Zahlungsverkehr, Geldanlage, Crowdfunding, Kredite, Factoring, Blockchain, Kryptowährungen, Künstliche Intelligenz und persönliches Finanzmanagement. Es wurden einerseits Durchschnittswerte zwischen Europa, den USA und China analysiert und zudem die Finanzierungsrunden von 486 europäischen und 610 US-amerikanischen Venture Capial Deals untersucht. Die USA verzeichnen im weltweiten Vergleich die meisten Finanzierungsrunden, gefolgt von Europa. China hat relativ wenige Venture Capital Finanzierungsrunden, aber sehr hohe Durchschnittsvolumina je Finanzierungsrunde. Für Fintech-Gründer ist es in den USA einfacher als in Europa eine Frühphasenfinanzierung zu erhalten. In China haben sich die Finanzierungsvolumina für Fintechs in den letzten Jahren überdurchschnittlich gut entwickelt. Die Studie zeigt das Median-Finanzierungsvolumen verschiedener Risikokapital-Finanzierungsrunden, die Veränderung des Median-Finanzierungsvolumens von zwei aufeinander folgenden Runden sowie die Zeitdifferenz zwischen zwei aufeinander folgenden Finanzierungsrunden mit Venture Capital.
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Pimentel Bernal, Paul Marcelo, Guillermo Antonio Davila, Maria Teresa Cuenca-Jiménez, and Susanne Durst. "Knowledge Absorptive capacity in Fintechs: Evidence from Latin America." European Conference on Knowledge Management 24, no. 1 (September 5, 2023): 293–301. http://dx.doi.org/10.34190/eckm.24.1.1334.
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Fintechs use technologies to offer financial services in a different way than traditional ones. The Fintech sector has seen rapid growth in the global economy and has expanded access to financial services to a wide variety of users; consequently, it has drawn the attention of academics around the world. Being knowledge-intensive organisations, Fintechs can absorb knowledge as a key competence. Absorptive capacity – which includes practices to acquire, assimilate, transform, and apply knowledge - has been analysed in previous studies as a factor that can influence organisational performance. However, most studies have used data from developed countries. The objective of this ongoing study is to analyse the knowledge management (KM) practices used by a Latin American Fintech to absorb knowledge. For this, a case study with a qualitative approach will be presented, using data from an international company of Peruvian origin, specializing in leasing. Data was collected through interviews. The information collected was transcribed and categorized for analysis. The analysis will include content analysis and narrative analysis techniques, supported by Atlas.ti software. The results contribute to the KM literature in two ways: First, by describing how knowledge absorption occurs in Fintechs. Second, by systematizing evidence on how KM practices act in organisations in emerging contexts, to support absorption capacity, and consequently, contribute to organisational results. On the empirical side, this study provides specific insights to managers of companies in the financial and technological sectors in emerging contexts, on how and which practices implementing to improve KM in their organisations.
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Barros, Alice de Souza Araujo, and Paulo Vitor Jordão da Gama Silva. "Análise do crescimento e impacto das Startups Fintechs nas economias dos países emergentes do BRICS." Revista de Gestão e Secretariado (Management and Administrative Professional Review) 14, no. 5 (May 30, 2023): 8343–62. http://dx.doi.org/10.7769/gesec.v14i5.2215.
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Este estudo busca analisar o crescimento e o impacto das Startups de Fintechs nas economias dos países emergentes do BRICS (Brasil, Rússia, Índia, China e África do Sul) durante o período de 2009 a 2019 nas 5 principais Fintechs de cada economia. Neste estudo serão abordados os principais tipos de Fintechs, como está o seu desenvolvimento em cada país do BRICS e explora os principais estudos relacionados. Foram propostos e aplicados 5 modelos inéditos considerando as seguintes dimensões de análise: o ambiente de negócio das Fintechs; a influência das Fintechs na atividade econômica; o efeito regulação das Fintechs; o ambiente bancário; e a influência dos investimentos que estão entrando nos países. Foi possível verificar a eficiência e aderência da maioria dos modelos apesar de cada economia reagir de forma diferente aos estímulos internos e externos em relação as novas Fintechs onde houve uma sinergia entre crescimento bancário e das Fintechs, bem como uma tendência de maior participação de investimentos internacionais nestas empresas e uma migração dos usuários para o meio digital com o crescente uso de smartphones.
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Causse, Hervé, and Amélie Clauzel. "Les Fintechs : quels enjeux juridiques ? Témoignage d’expert." Marché et organisations N° 49, no. 1 (January 15, 2024): 157–62. http://dx.doi.org/10.3917/maorg.049.0157.
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Fait social et économique, les Fintechs sont étudiées en droit mais sans critères précis et rigoureux. Les acteurs adoptent divers statuts professionnels (Fintech n’est pas un cadre légal). Les Fintechs profitent de la liberté du commerce, même si des dizaines de règles légales s’appliquent. Du droit d’accès à l’internet aux dernières IA, ces phénomènes correspondent à une nouvelle matière juridique : le droit du numérique. Examiner ces techniques, souvent devenues juridiques, est précieux. On comprend que, par de nombreuses évolutions informatiques, on a pu créer, avec les cryptos, des biens nouveaux, objets financiers qui résultent d’accords, de contrats ou autres échanges ; ces objets sont parfois inédits ; les systèmes permettent de les stocker et d’en faire le commerce. Les risques gigantesques des cryptos conçues comme des monnaies sont différents de ceux liés à des utilisations industrielles et commerciales de la blockchain. L’idée de « plateformisation » de l’économie, pertinente, a cependant diverses formes.
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Caciatori Jr., Itamir, and Ana Paula Mussi Szabo Cherobim. "Defining categories of Fintechs: A Categorization Proposal Based on Literature and Empirical Data." Future Studies Research Journal: Trends and Strategies 13, no. 3 (September 2, 2021): 386–408. http://dx.doi.org/10.24023/futurejournal/2175-5825/2021.v13i3.537.
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Purpose – The analysis of the competitive impact of FinTechs requires the standardization of their categories to compare their products and services with the already delivered by incumbent banks. In this study, we address the problem of the multiplicity of FinTechs categories and provide a solution using content and cluster analysis.Theoretical framework – The literature about FinTechs. In our bibliographical research, we do not find works aiming to present a standard definition of categories of FinTechs. This type of work is almost nonexistent and categorization of FinTechs is defined as a “blurry issue”.Design/methodology/approach – In this study, we address the problem of the multiplicity of FinTechs categories and provide a solution using content analysis, cluster analysis, and the software Gephi.Findings – The result is a model comprised of nine FinTechs categories: Payments and Transfers; Exchange; Lending; Insurance; Investments; Advice; B2B; Digital Banks; and Others. We also elaborate a portfolio with 157 products and services offered by Brazilian incumbent banks, which allows the comparison between these two types of companies.Originality/value – The main contribution is the use of objective criteria and existing literature, as well as Gephi software, to build categories of FinTechs analysis, an emerging theme in financial market studies.
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Vasconcelos, Maria Inês. "O IMPACTO DAS FINTECHS NO SETOR BANCÁRIO: UMA ANÁLISE DOS DESAFIOS E OPORTUNIDADES." Revista Científica Multidisciplinar Viabile 2, no. 1 (2023): 115–24. http://dx.doi.org/10.56876/revistaviabile.v2n1.09.
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As fintechs têm sido um elemento disruptivo no setor bancário, transformando significativamente a forma como as instituições financeiras tradicionais operam. Este artigo tem como objetivo examinar o impacto das fintechs no setor bancário, destacando os desafios e oportunidades que surgiram com essa evolução. Além disso, será discutido como as fintechs estão redefinindo a interação entre os clientes e as instituições financeiras, bem como o impacto nas estruturas de mercado existentes. Serão abordados também os aspectos regulatórios que envolvem as fintechs e o setor bancário, e as medidas adotadas para promover uma concorrência justa e garantir a proteção dos consumidores. As fintechs têm sido um elemento disruptivo no setor bancário, transformando significativamente a forma como as instituições financeiras tradicionais operam. Este artigo tem como objetivo examinar o impacto das fintechs no setor bancário, destacando os desafios e oportunidades que surgiram com essa evolução. Além disso, será discutido como as fintechs estão redefinindo a interação entre os clientes e as instituições financeiras, bem como o impacto nas estruturas de mercado existentes. Serão abordados também os aspectos regulatórios que envolvem as fintechs e o setor bancário, e as medidas adotadas para promover uma concorrência justa e garantir a proteção dos consumidores. A análise minuciosa dessas questões permitirá uma compreensão mais ampla das mudanças em curso no setor bancário e o potencial transformador das fintechs.
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Hommel, Kristin, and Peter M. Bican. "Digital Entrepreneurship in Finance: Fintechs and Funding Decision Criteria." Sustainability 12, no. 19 (September 29, 2020): 8035. http://dx.doi.org/10.3390/su12198035.
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After the 2007–08 global financial crisis, research flourished on entrepreneurship through digital innovation in the financial market as well as on investors’ influence on digital technology-based entrepreneurs’ funding decisions. This study combines these two research streams to analyze the decision-making criteria for funding financial technology companies (fintechs), hybrid companies that combine digital entrepreneurship, technology, and banking. The study first uses prior literature to derive important characteristics to define fintechs and then uses 12 expert interviews to elaborate on decision-making criteria in funding. Except for smaller peculiarities, fintech funding does not appear to differ from that of other digital entrepreneurship in different markets, and—as with most digital business models—scalability was identified as a key criterion. Additionally, by serving as a major provider of money for young companies, banks have changed their role and positioning in funding new financial technology entrepreneurs. Through developments in digital technology, banks have shifted from traditional money-lending activities (i.e., debt-financing) to becoming stakeholders in fintechs and, hence, equity investors. We also describe how these formerly distinct fields have converged due to regulatory requirements, digital newcomers, and a need for constant innovation, with their future sustainable development dependent on sharing and collaboration.
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Baulig, Bianca, and Stefanie Hüthig. "Branche umwirbt Fintechs." Bankmagazin 65, no. 1 (December 13, 2015): 26–27. http://dx.doi.org/10.1007/s35127-015-0713-2.
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Riikkinen, Mikko, Saila Saraniemi, and Kaisa Still. "FinTechs as Service Innovators - Understanding the Service Innovation Stack." International Journal of E-Business Research 15, no. 1 (January 2019): 20–37. http://dx.doi.org/10.4018/ijebr.2019010102.
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Fundamental internal and external changes coupled with digitalisation have enabled new market entrants, FinTechs, to innovate services, creating competitive solutions to incumbents' offering. The purpose of this article is to understand the service innovation approach of FinTech companies. The complexities of service innovation are explained with a theoretical concept of service innovation stack, which presents the multiple components needed for successful service innovation. The usefulness of this construct is observed with a longitudinal case study of 10 FinTech startup from Finland using interviews and other data. These are shown with a visual representation, which ties in the internal activities with the external ones and shows the interplay between them. With the representation of the service innovation stack, the service innovation within financial industry can be better understood and further developed. The authors further suggest that though the framework is based on cases from FinTech startups, it might be relevant also for the incumbents.
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Sitepu, Marheni, Margaretha Yohanna, and Samuel Van Basten H. Manurung. "ANALISIS SENTIMEN TERHADAP APLIKASI LINKAJA MENGGUNAKAN METODE NAÏVE BAYES CLASSIFIER." METHOMIKA Jurnal Manajemen Informatika dan Komputerisasi Akuntansi 8, no. 1 (April 30, 2024): 44–50. http://dx.doi.org/10.46880/jmika.vol8no1.pp44-50.
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Electronic money is increasing, causing more and more service innovations to emerge. People carry out online transactions using electronic technology, or Fintech. The fintechs widely used today are e-wallets or digital wallets such as Dana, Ovo, LinkAja, etc. In this research, LinkAja as a fintech application will be analyzed using 100 review data samples and summarized into two classes: positive and negative. This research was carried out using the Naïve Bayes Classifier classification method. Sentiment analysis of reviews on the LinkAja application obtained results of 75% accuracy, 83% Precision, 75% Recall, and 73% F1_score.
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Kiran, V. Usha, and Nida Suleman. "ANALYSIS OF TRENDS AND SEGMENTS OF FINTECH IN INDIA." INTERNATIONAL JOURNAL OF ADVANCED RESEARCH IN COMMERCE, MANAGEMENT & SOCIAL SCIENCE 07, no. 03(I) (September 4, 2024): 59–72. http://dx.doi.org/10.62823/7.3(i).6752.
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The Financial Services industry has undergone significant disruption from FinTech over the past decade, driven by advancements in automation, data science, AI/ML, smartphones, and telecommunications. FinTechs are reshaping the sector by usurping traditional business models and collaborating with established institutions to expand market reach. In India, FinTech encompasses diverse segments, including PayTech, LendTech, InsurTech, WealthTech, and RegTech, each leveraging technology to enhance services such as payments, lending, insurance, wealth management, and regulatory compliance. The rapid growth and innovation in these areas reflect the industry's shift towards digital-native solutions and collaborative advancements.
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Sohail, Mariam, Soha Khan, Ahsan Akbar, and Libuse Svobodova. "Empowering sustainable development: The crucial nexus of green fintech and green finance in Luxembourg’s banking sector." Journal of Infrastructure, Policy and Development 8, no. 7 (July 22, 2024): 4979. http://dx.doi.org/10.24294/jipd.v8i7.4979.
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Luxembourg institutions have the opportunity to reconcile environmental goals with financial stability by implementing Green Fintech solutions, as the banking sector increasingly recognizes the importance of sustainability. This study employs a quantitative approach and analyzes data collected from 150 participants working in the banking industry of Luxembourg. The research aims to assess the consequences of adopting Green Fintech on sustainable development. Banking institutions can boost their financial resilience and mitigate climate-related risks by adopting Green Fintech, which improves their sustainability. The paper emphasizes the importance of Green Fintech in the Luxembourg banking sector for advancing sustainable development goals. To effectively address the increasingly complex environmental concerns, it is crucial to embrace innovative Fintechs.
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Vu, Thanh Son, Chien Thang Nguyen, and Hoang Le Duc. "The Impact of FinTech on Retail Banking: Empirical Evidence from Bank for Investment and Development of Vietnam." International Journal of Research and Review 11, no. 1 (January 29, 2024): 656–70. http://dx.doi.org/10.52403/ijrr.20240174.
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This paper is aimed at (i) synthesizing the impacts of FinTech on retail banking; (ii) analyzing the Vietnam FinTech and retail banking sector (iii) assessing the impacts of FinTech on retail banking of Bank for Investment and Development of Vietnam (BIDV) – the biggest bank in Vietnam in term of asset with strong digital transformation and retail banking orientation. Using secondary data and internal information of BIDV, key findings are: First, the impacts of FinTech on retail banking are mixed. FinTech's growth has promoted banking services by enhancing the flexibility and usability of financial services with lower costs and more efficient risk management. FinTech also brought various negative impacts on retail banking such as being the direct competitor in some retail market segments, cybercrime, and strategic and credit risks to banks. However, the positive impacts surpass the negative impacts. Second, Vietnam's FinTech ecosystem and retail banking sector have been significantly developed and still have much potential. Both banks and FinTechs in Vietnam realize the win-win approach in cooperation, but banks still recognize the challenges of FinTech in their retail banking operations. Third, at BIDV, the impacts of FinTech on retail banking are significantly positive, resulting from motivation to strengthen digital transformation, to utilize technologies and collaboration for higher quality services. FinTech helps BIDV to increase customers and transaction volumes, diversify products with innovative solutions and better service quality, safe transactions with cost savings. No negative impacts of FinTech on retail banking have been found at BIDV yet. Fourth, BIDV, State Bank of Vietnam (SBV) and other stakeholders should implement some solutions for better FinTech utilization in improving retail banking services and to mitigate the negative impacts in the future. Keywords: digital transformation, FinTech, financial innovation, financial services, retail banking.
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Amalia, Alfi, and Andri Soemitra. "Analysis and Comparison of Financial Technology Peer to Peer Lending Sharia and Conventional." Journal of Education, Humaniora and Social Sciences (JEHSS) 4, no. 4 (May 1, 2022): 2429–39. http://dx.doi.org/10.34007/jehss.v4i4.1091.
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Among the types of fintech that are growing rapidly in Indonesia at this time are peer-to-peer lending fintechs, technology-based money-borrowing fintechs through peer-to-peer lending services have advantages, namely simple requirements and a fast process compared to borrowing and borrowing. money to banking institutions. In addition to conventional peer to peer lending fintech services, there are also sharia peer to peer lending fintech services. This study aims to identify and analyze the differences between conventional peer to peer lending fintech and sharia peer to peer lending fintech and how to apply sharia principles in sharia peer to peer lending fintech. So that it can guarantee the Indonesian people, whose residents are generally Muslim, will the halal products offered. The differences between sharia peer to peer lending fintech and conventional peer to peer lending fintech include: First, from the regulatory aspect that governs it, Second, the existence of a Sharia Supervisory Board in sharia fintech, Third, in the working mechanism between conventional fintech and sharia fintech which makes the difference of course with the existence of sharia principles. And fourth, in practice, in sharia fintech generally the loans provided are productive and more varied. Meanwhile, in its application, sharia peer to peer lending fintech is in accordance with the Fatwa of the MUI National Sharia Council No. 117/DSN-MUI/II/2018. in the working mechanism between conventional fintech and sharia fintech, the difference is of course with the existence of sharia principles. And fourth, in practice, in sharia fintech generally the loans provided are productive and more varied. Meanwhile, in its application, sharia peer to peer lending fintech is in accordance with the Fatwa of the MUI National Sharia Council No. 117/DSN-MUI/II/2018. in the working mechanism between conventional fintech and sharia fintech, the difference is of course with the existence of sharia principles. And fourth, in practice, in sharia fintech generally the loans provided are productive and more varied. Meanwhile, in its application, sharia peer to peer lending fintech is in accordance with the Fatwa of the MUI National Sharia Council No. 117/DSN-MUI/II/2018.
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Alscher, Alexander, and Marcel Kolbecher. "Ist Deutschlands Mittelstand bereit für FinTech und Online-Kredite?" Zeitschrift für Bankrecht und Bankwirtschaft 30, no. 1 (February 23, 2018): 43–67. http://dx.doi.org/10.15375/zbb-2018-0105.
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Zusammenfassung Der technische Fortschritt und die Digitalisierung in der Finanzindustrie (u. a. durch FinTechs) haben angefangen den weltweiten Banken- und Kreditmarkt stark zu verändern. In einer empirischen Analyse über die Akzeptanz von kleinen und mittleren Unternehmen (KMU) in Deutschland untersucht der Artikel die Möglichkeiten und Chancen von FinTechs im Bereich von innovativen Peer-to-Business-(P2B)-Lending-Plattformen als Finanzierungsalternative zu Bankkrediten. In der Arbeit werden die in der Theorie vorhandenen Akzeptanzkriterien identifiziert, empirisch mit Experten validiert und gewichtet sowie in einer empirischen Umfrage bei 53 mittelständischen Unternehmen getestet. Die Studie zeigt, dass ein transparenter Antragsprozess, ein persönlicher and qualifizierter Ansprechpartner, eine positive Reputation des Anbieters und die Transparenz der Gebühren maßgeblich für eine erfolgreiche Geschäftsmodellentwicklung von Peer-to-Business-Lending-Möglichkeiten bei deutschen KMU sind. Die Arbeit leistet sowohl einen wissenschaftlichen Verständnisbeitrag über die aktuelle Wahrnehmung und Akzeptanz von FinTech-Angeboten in Deutschland als auch einen praxisorientierten Bezugsrahmen, um kundenorientierte Geschäftsmodelle im P2B-Lending-Segment zu entwickeln und zu optimieren.
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Lv, Shuli, Yangran Du, and Yong Liu. "How Do Fintechs Impact Banks’ Profitability?—An Empirical Study Based on Banks in China." FinTech 1, no. 2 (May 23, 2022): 155–63. http://dx.doi.org/10.3390/fintech1020012.
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The rapid development of Fintechs has brought opportunities and challenges to the profitability of banks. In this paper, we theoretically expound how Fintechs impact on banks’ profitability, then we establish the Error Correction Model (ECM) and combine this with the Granger causal relation test based on the data of the Industrial and Commercial Bank of China (ICBC) in 2011–2020. The research results show the following findings: (1) banks’ profitability (ROE) has a cooperative relationship with the development of Fintechs (FTI), banks’ assets (TA), the profitability of interest-bearing assets (NIM), credit risks (NPL) and cost control (CTI). (2) Fintechs have a “U”-shaped impact on the banks’ profitability. In the initial stages, Fintechs impact the business of banks, which reduces the profitability of banks; the advantages of Fintechs gradually increase in the middle and later stages, and the profitability gradually increases. (3) The assets of banks (TA) and the profitability of interest-bearing assets (NIM) change in the same direction as banks’ profitability (ROE), while credit risks (NPL) and cost control (CTI) change in the opposite direction from ROE. (4) The level of bank profitability and the development of Fintechs are Granger causes of each other, the size of the bank’s assets is the Grange reason for the increase in profitability and the increase in profitability is the Granger cause for the improvement of NIM and the decline in NPL.
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Cossenzo, Fábio. "Análise da contribuição das FinTechs para o crescimento econômico na América Latina no período de 2008 a 2018 à luz do modelo schumpeteriano." Desenvolvimento Socioeconômico em Debate 7, no. 2 (February 24, 2022): 38. http://dx.doi.org/10.18616/rdsd.v7i2.6432.
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Uma das maneiras mais importantes de que os diversos países do mundo dispõem para evitar a pobreza e melhorar a qualidade de vida da população é promovendo o seu crescimento econômico. Na América Latina, os países ainda não alcançaram o nível de países desenvolvidos, de modo que esta temática é de maior relevância. Desde 2008, com o surgimento das FinTechs, a indústria financeira sofreu uma disrupção tecnológica, que remonta ao conceito de “destruição criativa” de Joseph Schumpeter, tornando interessante a modelagem do crescimento econômico e o impacto trazido pelas inovações das FinTechs por meio de um modelo endógeno schumpeteriano de crescimento econômico. O objetivo geral do trabalho é analisar como o PIB per capita, PPC (dólar), dos países selecionados da América Latina (Colômbia, Peru, México, Argentina, Chile e Brasil) foi influenciado pelos fatores relacionados ao surgimento de FinTechs nesses países após a crise financeira global de 2008. Os resultados apontam para a utilidade do modelo econométrico proposto, pois o modelo foi considerado apropriado pelos testes de significância para os seis países da América Latina observados. Dentre os fatores relacionados ao surgimento de FinTechs, os mais relevantes para o crescimento econômico dos países foram o inverso do tempo médio de existência das FinTechs sediadas no país, a quantidade de FinTechs sediadas no país e a quantidade de FinTechs voltadas para a tecnologia de inteligência artificial.
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Jansrud, Are. "Fintech og regulatoriske rammevilkår." Magma 22, no. 8 (August 1, 2019): 21–26. http://dx.doi.org/10.23865/magma.v22.1216.
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Artikkelen gir en innføring i regulatorisk status for fintech. Det gis en oversikt over eksisterende relevant regelverk og regelverksinitiativ. Hovedtrekkene er at omfanget av spesifikk fintech-regulering foreløpig er begrenset. Samfunnets behov for å regulere fenomenet for å sikre finansiell stabilitet, forbrukervern og personvern må balanseres i forhold til samfunnsnytten av ny teknologi. I den forbindelse poengteres det at man må skille både mellom fintech brukt av tradisjonelle aktører kontra nye typer aktører, og ikke minst også mellom små fintechs og store bigtechs. Mens gjennomføring av nødvendige regelverksendringer tar tid, så går fintech-utvikling stadig raskere. Dessuten er det umulig å forutsi behovet for regulering av potensielle, og nødvendigvis ukjente fremtidige innovasjoner. Artikkelen forsøker derfor å skissere grunnleggende forutsetninger for en hensiktsmessig regulering av dette området.
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Videira, Sandra Lúcia. "FINTECHS: NOVOS ATORES DAS FINANÇAS CONTEMPORÂNEAS – UM OLHAR GEOGRÁFICO." ENTRE-LUGAR 11, no. 21 (June 1, 2020): 261–84. http://dx.doi.org/10.30612/el.v11i21.12058.
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A questão da financeirização da sociedade por meio da disseminação das Fintechs demonstra mudanças na estrutura do setor bancário e financeiro no país. Assim, esta pesquisa pretende compreender a disseminação das Fintechs no Brasil enquanto componente da mundialização do capital. Diante disso, espera-se contribuir para a Geografia Financeira e permitir um maior conhecimento sobre a expansão das Fintechs no Brasil.
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Atkins, Rachel M. B., Lisa Cook, and Robert Seamans. "Using Technology to Tackle Discrimination in Lending: The Role of Fintechs in the Paycheck Protection Program." AEA Papers and Proceedings 112 (May 1, 2022): 296–98. http://dx.doi.org/10.1257/pandp.20221030.
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We assess the role of fintech firms in loans made through the Paycheck Protection Program (PPP), a US government policy response to the COVID-19 pandemic that provided loans to small businesses. We argue that fintech firms' reliance on technology rather than relationship-banking approaches used by traditional banks helps to address discrimination in lending, at least in part. Using newly released data on the PPP program, we find support for our arguments: while Black-owned businesses received loans that were approximately 50 percent lower than observationally similar White-owned businesses, the effect narrows considerably when fintechs are allowed to provide loans.
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Tello-Gamarra, Jorge, Diogo Campos-Teixeira, André Andrade Longaray, João Reis, and Martin Hernani-Merino. "Fintechs and Institutions: A Systematic Literature Review and Future Research Agenda." Journal of Theoretical and Applied Electronic Commerce Research 17, no. 2 (May 27, 2022): 722–50. http://dx.doi.org/10.3390/jtaer17020038.
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The growth of fintechs has exponentially modified the international financial system. These changes affect social mechanisms that regulate the performance of economic agents, generating the need to modify the current role played by institutions. Despite the clear relationship that exists between fintechs and institutions, studies exploring the details of this relationship are still scarce. The objective of this article is to propose a review and analysis of the current state of research on fintechs and institutions. To achieve this goal, a systematic literature review was conducted, with the selection and analysis of 123 documents published which were based on preestablished inclusion and exclusion criteria. The main results show the development of a framework that allows us to increase our understanding of fintechs and institutions; the identification of three propositions that serve as a guide to the institutional landscape in which fintechs operate; and finally the recognition of a research agenda.
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Köche, Isaque Guilhermando, Daiana De Marco, Debora Bobsin, Geovana Barbieri, and Luciana Davi Traverso. "Uma abordagem das características do modelo de negócio das fintechs gaúchas." Revista de Gestão e Secretariado (Management and Administrative Professional Review) 14, no. 7 (July 12, 2023): 10986–1008. http://dx.doi.org/10.7769/gesec.v14i7.2455.
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Objetivo: O objetivo desse estudo é investigar as características do modelo de negócio de quatro fintechs do Rio Grande do Sul. Metodologia: A partir do entendimento que esse negócio apresenta um modelo de negócio inovador, realizou-se uma pesquisa qualitativa por meio de entrevistas. O modelo de negócio das fintechs foi analisado utilizando a lente teórica do Business Model Canvas (BMC) (Osterwalder & Pigneur, 2010). Originalidade/relevância: Este estudo busca entender como o modelo de negócio das fintechs é utilizado para obter vantagem competitiva. Com o propósito de compreender as características das fintechs, a utilização do BMC, o que não é recorrente em trabalhos acadêmicos, se tornou ponto chave neste estudo. Resultados: Os resultados revelam as principais proposições de valor das fintechs: facilidade e a transparência. Também, como elementos essenciais do modelo de negócio foram identificados: a diversidade de fontes de receitas; o papel das pessoas como um dos recursos-chave; e as parcerias com outras startups e fintechs. Contribuições teóricas e metodológicas: O estudo contribui para o campo acadêmico, visto que pesquisas sobre o modelo de negócio de fintechs ainda é pouco explorado. O framework Business Model Canvas estabelece modelos atuais e futuros, ilustra como o negócio faz sentido financeiramente. Na prática, o modelo de negócio constituído serve como um guia/mapa para gerentes do setor financeiro, bem como para as novas startups de serviços financeiros repensar seu modelo e fazer as atualizações necessárias para dar continuidade ao negócio.