A new era in fintech payment innovations? A perspective from the institutions and regulation of payment systems

Chiu, Iris H‐Y

doi:10.1080/17579961.2017.1377912

Cited by 56 publications

(41 citation statements)

References 14 publications

(15 reference statements)

Supporting

Mentioning

Contrasting

Unclassified

Order By: Relevance

“…Based on analyses of existing institutions and payment infrastructure, Chiu (2017) argues that formal institutions such as consumer protection regulations are essential for the further development of payment innovations like Bitcoin or autonomous organisation technologies, because only formal institutions may limit the disruptive impact of payment innovations. This may also be the case in the context of innovation performance.…”

Section: Formal Institutionsmentioning

confidence: 99%

The Impact of Interplay between Formal and Informal Institutions on Innovation Performance: Evidence from CEECs

Godlewska

2021

View full text Add to dashboard Cite

Formal and informal institutions matter in the context of the innovation performance of Central and Eastern European countries (CEECs). The purpose of the research was to investigate whether the interplay between formal and informal institutions has a positive, negative or neutral impact on the innovation performance of CEECs, and if formal or informal institutions alone also have a positive, negative or neutral influence on the innovation performance of CEECs. The research is based on informal institutions of CEECs such as trust, traditions, customs, creativity or cooperation, and formal institutions of CEECs such as law, formal rules, or science, technology and innovation policy (STIP). The research methodology focuses on secondary statistical data from 18,808 surveys from the European Social Survey Round 9 (2018) edition 2.0 for informal institutions and from 1090 innovation policies of European Commission and OECD STIP Compass and 414,073 notices of awarded tenders of the European Union Tenders Electronic Daily for formal institutions. Innovation performance was measured by the Summary Innovation Index (SII) of the European Innovation Scoreboard 2019. The findings show that informal institutions such as trust in others, trust in the legal system, the importance of following traditions and customs or cooperation among citizens of CEECs, as well as interplay between informal institutions such as trust in the legal system and formal institutions such as obedience to rules among citizens of CEECs have a negative impact on the innovation performance of the national economies of CEECs. Meanwhile, the variety of policy theme areas and creativity among citizens of CEECs have a positive impact on the innovation performance of the national economies of CEECs.

show abstract

Section: Formal Institutionsmentioning

confidence: 99%

The Impact of Interplay between Formal and Informal Institutions on Innovation Performance: Evidence from CEECs

Godlewska

2021

View full text Add to dashboard Cite

show abstract

“…One of them is the innovative use of Internet to help companies to improve their business performance [1,2]. Technology innovation in the world of finance has led to the incorporation of information and financial technology into Financial Technology (Fin-Tech) [3][4][5][6][7]. FinTech is more dynamic than changes in financial services [5,6,8].…”

Section: Introductionmentioning

confidence: 99%

The Influence of Perceived Risk and Trust in Adoption of FinTech Services in Indonesia

Meyliana

Fernando

Surjandy

2019

CommIT (Communication and Information Technology) Journal

View full text Add to dashboard Cite

The service level in community must be considered if it wants to continue to be used by the users. This research studies the adoption of Financial Technology (FinTech) services in the terms of trust and risk. The work employs the Technology Acceptance Model (TAM) theory as the theoretical basis combined with trust and perceived risk. The research method is quantitative. The data are analyzed by the Structural Equation Model (SEM) using Smart PLS V2.0. The researchers use a questionnaire in Google Form to collect the data. It is distributed online with the snowball data collection technique. As a result, 548 respondents are successfully gathered. The results indicate that the factor of users trusts influences perceived usefulness in the adoption to use FinTech services. However, the risk factor does not affect the use of FinTech services, which further does not influence the users’ attitude. The work contributes to the study of the adoption of FinTech services, which provides a view determining the users’ intention to use FinTech services in Indonesia.

show abstract

“…FinTech is a combination of the finance sector and information technology [7]- [9]. Changes that occur provide more effective financial services, thus providing new views from financial service providers or other companies in the transaction payment scheme [10]- [12]. With this change, it provides a broader range of financial services for users [11], [13], [14] and provides a change in the process of payment made by someone in the speed and flexibility of transactions [8], [15], [16].…”

Section: Introductionmentioning

confidence: 99%

Analysis of the Influence of Consumer Behavior Using FinTech Services with SEM and TOPSIS

Fernando

Suryanto

Surjandy

et al. 2019

2019 International Conference on Information Management and Technology (ICIMTech)

View full text Add to dashboard Cite

This study will conduct a study of FinTech services regarding influencing factors and see the level of influential factors. The Technology Acceptance Model (TAM) theory from Davis is a theoretical basis and associated with perceived risk factors and trust. The research method used the quantitative method. Analysis data with Structural Equation Model (SEM) using smart pls v2.0. The Technique for Order of Preference by Similarity to Ideal Solution (TOPSIS) method to see the level of influence of the variables. We use questionnaires with google form and shared online and the snowball technique for collected data. The survey process obtained 564 respondents who stated to suitable the research criteria. The results are getting the main and very significant factor is the perceived usefulness factor, and the additional factor is trust and perceived ease of use factor. From these factors significantly affect users in adopting FinTech services. With these results, it can describe what factors can be of concern for the development carried out by the company. With these factors, it recognized that risk is a factor that is not considered to consider if the factors of usability and convenience factors that have been given. It also automatically increases the trust of users.

show abstract

A new era in fintech payment innovations? A perspective from the institutions and regulation of payment systems

Cited by 56 publications

References 14 publications

The Impact of Interplay between Formal and Informal Institutions on Innovation Performance: Evidence from CEECs

The Impact of Interplay between Formal and Informal Institutions on Innovation Performance: Evidence from CEECs

The Influence of Perceived Risk and Trust in Adoption of FinTech Services in Indonesia

Analysis of the Influence of Consumer Behavior Using FinTech Services with SEM and TOPSIS

Contact Info

Product

Resources

About