Impact of Financial Technology on Improvement of Banks' Financial Performance
Journal of Risk and Financial Management
; 16(4):230, 2023.
Article
in English
| ProQuest Central | ID: covidwho-2291812
ABSTRACT
This study investigates the main financial technologies adopted by banks to improve their financial performance. The study population consists of commercial banks listed on the Amman Stock Exchange and Abu Dhabi Securities Exchange, and includes financial information and data from 2012 to 2020. A total of 115 questionnaires, consisting of five questionnaires for each bank, were distributed to the study population in Jordan and the United Arab Emirates. The dependent variable is financial performance, while the independent variable is financial technology (FinTech). Multiple linear regression analysis was conducted to test the hypotheses. The results showed that FinTech has a positive effect on both total deposit and net profits. This study recommends that banks be encouraged to adopt inclusive strategies to attain sustainable development.
Business And Economics; financial technology (FinTech); financial performance; financial position; Amman Stock Exchange (ASE); Abu Dhabi Securities Exchange (ADX); Innovations; Customer services; Research methodology; Banking industry; Hypothesis testing; Financial inclusion; Communication; Startups; Pandemics; Profits; Mobile commerce; Central banks; International finance; Bank technology; Coronaviruses; Financial services; Financial institutions; COVID-19; Portfolio management; 52111:Monetary Authorities-Central Bank; 52211:Commercial Banking
Full text:
Available
Collection:
Databases of international organizations
Database:
ProQuest Central
Type of study:
Experimental Studies
Language:
English
Journal:
Journal of Risk and Financial Management
Year:
2023
Document Type:
Article
Similar
MEDLINE
...
LILACS
LIS